Could negative rates signal the end of free banking?
The UK has carved out its own peculiar niche the “free in-credit banking model”. Current account customers at HSBC in the UK will look at...
News by FinTech Collective
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Lengthy era of rock-bottom interest rates leaving its mark on U.S. economy
Aging populations, subpar productivity growth and a once-in-a-century global pandemic led the Fed earlier this year to return its...
UK sells negative-yielding government bonds for first time
‘Symbolic moment’ coincides with debate on whether Bank of England should move to negative rates.
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The UK broke new ground for a bond sale on Wednesday, borrowing at negative rates for the first time in a sign that investors expect more...…
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