UniCredit to Start Passing on Negative Rates to Large Deposits -BFM TV

Date : 10/10/2019 @ 03:18
Source : Dow Jones News
Stock : Unicredit (UCG)
Quote : 11.742  0.242 (2.10%) @ 02:35
Unicredit share price Chart

UniCredit to Start Passing on Negative Rates to Large Deposits -BFM TV

Unicredit (BIT:UCG)
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--UniCredit will pass on the burden of negative interest rates to deposits of over EUR100,000 starting in 2020, the bank's CEO Jean Pierre Mustier tells French news TV channel BFM.

 

Full story (in French): https://bit.ly/2M3AGIV

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

October 09, 2019 12:03 ET (16:03 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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