#dollar-deposits
#dollar-deposits

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Argentines Hoard $170 Billion in Cash as Milei's Tax-Free Deposit Scheme Flops

Argentines prefer cash dollars over banks due to distrust stemming from past financial crises, despite new laws aimed at encouraging deposits.

fromGamintraveler

6 months ago

Why European Banks Are Courting American Deposits Before Year End

European banks are desperately sliding into American DMs with deposit offers that would've been illegal three years ago - 4.5% on savings, 5.2% on CDs, plus signup bonuses that make Chase look like a lemonade stand. German banks that wouldn't return your emails in 2019 are now advertising in English on Facebook, offering higher rates than they give their own citizens. Deutsche Bank just launched an American deposit campaign while still paying Germans 0.01% on the same accounts

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#dollar-deposits#dollar-deposits

Argentines Hoard $170 Billion in Cash as Milei's Tax-Free Deposit Scheme Flops

Why European Banks Are Courting American Deposits Before Year End

#dollar-deposits
#dollar-deposits