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War on Cash: Banks to start charging for cash deposits

2015-10-30 22:29:25| Energy - Topix.net

Few could have envisioned it even just a few years ago, but it's happening now, and on an ever-widening scale. More big U.S. banks are shunning cash , because the banking system has become so dependent on other "assets" that large cash deposits actually pose a threat to their financial health, according to The Wall Street Journal .

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