Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?
MishTalk
NOVEMBER 24, 2015
The Alternative Bank Schweiz wrote to customers telling them they would face a -0.125 per cent rate on their money from 2016 – and a -0.75 With its balance sheet totalling nearly 1.6 and Bank of England Governor Mark Carney said he could now cut the benchmark rate below the current 0.5 emphasis in caps from the article).
28 
Let's personalize your content