Safe as a Bank
News
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Posted 02/07/2013
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2604
On the back of similar moves of a Cyprus style bail-in by bank depositors in New Zealand and Canada, the EU finance chiefs last week struck a deal where that will be the norm for all Euro banks before any Government bail-out scenario plays out. Whilst not the case in Australia yet, this trend is again one of the reasons Ainslie Bullion recommends the independent Reserve Vault (www.reservevault.com.au) to its clients for storage.