More and more Clients moving cash to Switzerland fearing upcoming Bail ins…
ZURICH (Reuters) – UBS Group will impose from November a negative interest rate of 0.75% on wealthy clients who deposit more than 2 million Swiss francs ($2.02 million) with its Swiss bank, it said on Wednesday, citing expectations for a long period of ultra-loose monetary policy.
https://www.reuters.com/article/us-ubs-group-negative-idUSKCN1UQ26A
#Bailins #assetbackedtokens #ExplorationExchange
#exploration #blockchain
