Why Deutsche Bank Told Clients to Stay Away From American Banks

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It’s always fascinating to observe how Americans are perceived by people from other places  — depending on the country and the circumstances, common stereotypes range from unhealthy food to cut-throat capitalism and being a workaholic.

In the world of banking, the reputation is also not particularly rosy but of a system that will lure you in with a better rate and then drop you when the economy turns or you’re no longer needed. That was the accusation levied by at least one European bank that warning clients against borrowing from Americans.



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Image and article originally from www.thestreet.com. Read the original article here.

By admin