September 23, 2019
Banks just changed the rules of the negative rate game for Danes
By admin | |
One of the country’s biggest banking groups just changed the rules of the game. Until Friday, only people with roughly $1 million in surplus cash at their banks were facing a negative rate. Now, the threshold has been reduced to just over $100,000, with no guarantee it won’t go lower. Other banks have hinted they’ll follow.