It has been over 7 years since the European Central Bank's key deposit facility rate was positive, and just a few weeks ago it was lowered to a record low of -50bps. And during that time, European bank stocks have suffered greatly...
ORIGINAL LINK
Saturday, December 7, 2019
"Floodgates Are Open" - German Banks Start Charging Retail Savers
It has been over 7 years since the European Central Bank's key deposit facility rate was positive, and just a few weeks ago it was lowered to a record low of -50bps. And during that time, European bank stocks have suffered greatly...
ORIGINAL LINK