Negative Interest Rates Threatens to Affect All EU Clients

In effort to curb weaker growth, inflation prospects abroad and reign in appreciation of the Swiss franc, the Swiss National Bank (SNB) has imposed higher interest rate to financial institutions under the negative interest rate policy. Officials led by SNB President Thomas Jordan responded, saying the low-rate environment around the world has “become more entrenched … Continue reading Negative Interest Rates Threatens to Affect All EU Clients