Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits

Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits By Avi Mizrahi In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this practice. Credit Suisse to Punish Big Savers Zürich-headquartered multinational investment bank Credit Suisse has recently announced that it will soon begin offering negative interest rates on…

Read More

Deutsche Bank Collapse Could Crash Global Financial Markets

Deutsche Bank Collapse Could Crash Global Financial Markets By Avi Mizrahi German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of the too-big-to-fail banking system falters, it could trigger another global financial crisis. Deutsche Bank Struggles to Survive Deutsche Bank AG, the largest banking services group in Germany with well over a…

Read More