‘We Missed the Exit:’ Banks Step Up Call to End Negative Rates
- Lenders urge end to negative rates as ECB reviews its strategy
- European banks have paid $28 billion on negative rates so far
Deutsche Bank branch in Frankfurt.
Photographer: Thomas Lohnes/Getty Images
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As the European Central Bank reviews its strategy following years of radical stimulus, bank executives are stepping up calls on the monetary authority to reverse half a decade of negative interest rates.