Draghi Has Banking Chiefs Bemoaning ECB's Negative-Rate Push

  • Deposits become money-losing proposition with rates below zero
  • Denmark's experience suggests negative rates aren't all bad

Will ECB's Draghi Surprise the Markets?

The euro area’s bankers, battered by falling trading revenue and weak profitability, are predicting more pain as the European Central Bank gets ready to cut interest rates further below zero.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.