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Read More »Hoarding cash in vaults more attractive after exit: Talanx AG
Bloomberg Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s third-biggest insurer. “Storing physical cash as an alternative to paying negative interest rates does look increasingly attractive,†CEO Immo Querner said in an interview. The aftershocks of the ...
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