RBS Imposes Negative Rates on Collateral for Trading Clients

  • Bank says policy affects some options and futures contracts
  • About 60 large clients said likely to be charged under plan

RBS to Charge Negative Rates on Trading Collateral

Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, said some of its biggest trading clients must pay interest on collateral as a consequence of low central bank interest rates.

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