Credit Suisse Adopts Negative Rate
Uber bank Credit Suisse Group (NYSE: CS) said today that it would begin charging customers a negative interest rate on deposits of Swiss francs beginning on December 10th. The bank ...Read Full Story »
Posts related to ‘negative interest rates’
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Banks Charge Negative Interest to Hold Swiss, Danish Currency (STT, BK)
State Street Corp. (NYSE: STT) and Bank of New York Mellon Corp. (NYSE: BK) will begin charging depositors to hold Danish kroner and Swiss francs. The two custody banks will ...Read Full Story »
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