ECB tiering no panacea for ailing banks, say analysts
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ECB tiering no panacea for ailing banks, say analysts

Draghi July 2015 PA 230x150

The European Central Bank has indicated that it is looking into how to mitigate the costs that years of negative interest rates have exacted on banks. That has led some in the market to bet that it will introduce tiered interest rates at some point. But analysts are not convinced that tiering deposit rates will help weak lenders — or make any difference at all. Mike Turner reports.

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