The implication of negative interest rates

Commerzbank is considering storing cash in costly vaults instead of keeping it with the European Central Bank.

Should Commerzbank take this step, pulling money away from the ECB and literally storing it in vaults would likely be seen as a huge protest against the ECB.

Read more at businessinsider.com.

Managing Director
Jernej Doles is the founder and managing director of Omega Finance. He has many years of experience in teaching and consulting on financial topics, such as derivatives, hedging portfolios, fixed income, equities and risk management. Check out his résumé. You can follow him on LinkedIn, Facebook, or Twitter. For more information about his public seminars, please visit Omega Finance web page.

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