LOOSE CHANGE
LOOSE CHANGE
Citibank, the interbank foreign exchange giant, is broadening its customer base. Starting this month, Citibank will start actively marketing U.S.-based deposit accounts denominated in British pounds, Canadian dollars, Swiss francs, Deutsche marks and yen.
Citibank's U.S. accounts, which have a minimum balance of $50,000, pay market rates in each currency. Fixed-rate time deposits are available with maturities ranging from one month to one year.
What's in a phrase? $800 million in three days that's
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