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
“Those who are able to see beyond the shadows and lies of their culture will never be understood, let alone believed, by the masses.” - Plato
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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