Negative interest rates take a bite out of wealthy Swiss bank customers" accounts

Credit Suisse will start charging wealthy clients with large cash deposits in Swiss francs, the latest Swiss bank to pass on negative interest rates to customers......»»

Deutsche Bank's chief executive on Thursday told German broadcaster n-tv that he did not think Germany's top bank would apply negative interest rates to the accounts of private customers in general......»»

Jyske Bank, the third-largest bank in Denmark, announced that it would lend homebuyers at an interest rate.....»»

The Bank of England on Thursday said it was time to start preparing for negative interest rates. "While the Committee was clear that it did not wish to send any signal that it intended to set a negative Bank Rate at some p.....»»

The pound rose on Thursday after the Bank of England tried to be as cautious as possible in saying it was time to start preparations for adding negative interest rates to its tool kit......»»

Federal Reserve Chair Jerome Powell had a clear message to interest rate futures traders on Wednesday: Bets the U.S. central bank is headed toward a negative interest-rate policy are off-base......»»

President Donald Trump on Tuesday again pushed the Federal Reserve to adopt negative interest rates, even as several members of the U.S. central bank have said they do not see a need for rates - now near zero - to move into negative territory......»»

Former Fed official Narayana Kocherlakota says the Fed needs to take interest rates negative next week......»»

You won’t have to pay as much in credit-card interest soon, but that doesn’t mean you’ll see big savings because of the latest Fed cuts......»»

Monday’s personal finance stories.....»»

J.P. Morgan chief Jamie Dimon says negative interest rates in Europe and Japan are his top concern and warns that the U.S.government is to blame for slow economic growth.....»»

The Bank of Japan kept its policy unchanged on Tuesday and said it expects the government’s fiscal stimulus to help the economy grow slightly faster than previously projected......»»

Given the scrutiny about the effectiveness of negative interest rates — and the potential for unintended consequences — the Swedish central bank’s decision to lift its policy rate back to zero, while widely expected, is getting a lot of attention......»»

World stocks drifted down from the week's record highs on Thursday, while the crown gained as Sweden's central bank became the first to raise interest rates from negative territory......»»

UBS Has No Choice In Passing Negative Rate Pain To Customers There's been talk that the Federal Reserve will slam interest rates to zero.....»»

A new online bank called HMBradley will pay customers an industry-topping 3% interest rate if they save at least 20% of their income every month in their accounts......»»

Imagine a bank that pays negative interest. In this upside-down world, savers are penalized and borrowers get paid to borrow money. Crazy as it sounds, the 2008 financial crisis created a lingering economic slump that drove the European Central Ba.....»»

In September, the European Central Bank has doubled down on its negative interest rates, a policy meant to stimulate the economy by charging banks billions of euros for money they’re not lending out. At the same time, it added a new measure, call.....»»

In the era of negative rates, return-hungry investors may increasingly borrow in low-interest fiat and invest in higher-yielding crypto accounts......»»

The thought of negative interest rates in the United States is almost impossible to imagine. Now a paper published by the Federal Reserve Bank of San Francisco is pointing out how and where negative........»»