negative interest rates

European Lenders Announce 60K Job Cuts
European Lenders Announce 60K Job Cuts
December 08, 2019  |  International

European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Lenders...

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No More Free Lunch For Swiss Bank Account Customers
No More Free Lunch For Swiss Bank Account Customers
October 18, 2019  |  Banking

Swiss banks are going to start charging their millionaire customers to store money, according to a report by CNN. On Friday (Oct. 18), the bank...

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Girding for the $17 Trillion Negative Interest Rate Debt Trap
Girding for the $17 Trillion Negative Interest Rate Debt Trap
August 26, 2019  |  Economy

The world is awash in debt marked by negative interest rates. It’s a $17 trillion warning sign of overextended corporate borrowing and lending, CreditRiskMonitor CEO...

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Lower Still, Doing The Negative Rate Limbo
Lower Still, Doing The Negative Rate Limbo
February 19, 2016  |  International

The banking sector has had its share of woes, from stock declines to the threat of earnings pressure and outsized energy loans on the books,...

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