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Negative deposit rates may come to Switzerland as Credit Suisse reportedly informs clients it...
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Monday, December 3, 2012, 7:58 AM ETNegative deposit rates may come to Switzerland as Credit Suisse reportedly informs clients it intends to make them pay for the privilege of banking cash there. The euro/Swiss franc cross shoots higher to CHF 1.2090, well above the SNB floor of 1.20, and perhaps taking pressure off the bank to keep buying every euro in sight.
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