Germany's
Commerzbank is to charge big corporate clients fees if they hold substantial
deposits at the bank.
Commerzbank
is the first major bank to make such a move and says it will encourage big
clients to move cash into alternative investments.
Private
savers and small and medium sized businesses will not be affected by the
policy.
In
June the European Central Bank (ECB) said that banks would have to pay to park
money at the central bank.
That
negative interest rate was an effort to
