ECB Policies Could Backfire As Commerzbank Mulls Hoarding Cash – ValueWalk Premium
Commerzbank Negative Interest Rates Negative Interest Rate Policies

ECB Policies Could Backfire As Commerzbank Mulls Hoarding Cash

Commerzbank contemplates hoarding cash in its vaults rather than put it into the hands of the ECB and negative interest rates

As fund managers met in the heart of Germany and expressed concern that market bending central bank experimentation with negative interest rates and aggressive quantitative easing could create another financial crisis, news comes that one of Germany’s largest banks, Commerzbank, is joining the resistance movement.
Top Commerzbank contemplates rejecting negative rates in conversations with German government officials to hoard cash
Frankfurt-based Commerzbank is considering . . .

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