ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
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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