fromGamintraveler
2 days agoWhy 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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