Market Currents
Credit Suisse does indeed plan to begin charging negative interest rates on Swiss franc...
-
Monday, December 3, 2012, 11:06 AM ETCredit Suisse does indeed plan to begin charging negative interest rates on Swiss franc deposits, "inviting customers to keep cash balances as low as possible." Whether this will have effect on safe-haven flows is another story. What's a couple of basis points to a wealthy Spanish family or company concerned about a euro exit or capital controls in their home country.
Other date
Latest Global Articles
This news story has 2 comments: