Swiss bank creates stir by charging customers 3 per cent negative interest
Swiss bank Postfinance has shocked investors with news of a 3 per cent negative annual interest rate on certain types of deposits.
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Swiss bank Postfinance has shocked investors with news of a 3 per cent negative annual interest rate on certain types of deposits.
If you remember the horrors of collateralised debt obligations (CDO) during the 2007-8 financial crisis, you are either a banker or one of the journalists who pounded…
The European Union has admitted that a doom-laden forecast of huge “City” job losses in London resulting from financial institutions moving their operations…