Negative rates making it hard for European banks to compete with the US, ABN Amro CEO says

Negative interest rates are the key differentiator preventing European banks from presenting any serious challenge to their American counterparts, according to ABN Amro CEO Kees van Dijkhuizen.

Read more at https://www.cnbc.com/2020/01/21/abn-amro-negative-rates-preventing-european-banks-competing-with-the-us.html