DUBAI/WAM Dubai has launched the Shared Digital Channels Initiative in collaboration with various government entities, ...
Read More »RBS to impose negative interest rates on clients
LONDON / AP Royal Bank of Scotland says it will charge some corporate customers for accepting their deposits — the first U.K. bank to impose so-called negative interest rates after the Bank of England slashed borrowing costs to spur investment. RBS, bailed out by taxpayers during the financial crisis, says negative interest will apply only to the overnight rate ...
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