Post by fireopal on Nov 22, 2014 1:18:25 GMT 4
Germany's Commerzbank is to charge big corporate clients fees if they hold "substantial" deposits at the bank.
Commerzbank is the first major bank to make such a move and says it will encourage big clients to move cash into alternative investments.
Private savers and small and medium sized businesses will not be affected by the policy.
Commerzbank is the first major bank to make such a move and says it will encourage big clients to move cash into alternative investments.
Private savers and small and medium sized businesses will not be affected by the policy.