Mr. Nicholas. Thank you so much mister chairman. Can you hear me okay . Unclear. Thank you mister chairman. I want to you first begin by recognizing mr. Fraser and citigroup, the conversation im going to have involves all the patent list, but i want to begin with her company and herself. Based on our research, it looks like citigroup pays five times more in interest to its depositors than the rest of the individuals sitting at the table. Miss frazier, your deposits are currently 0. 5 Interest Rate . We believe we have a variety of different deposit products. We believe them to be competitive and fair. The information i have here on your basic account package is a 0. 05 Interest Rate, is that correct . One of our products has, that that is correct. For the rest of the panel, is it fair to say that my members here are accurate for the remainder youre paying about 0. 01 on deposits . That is inaccurate. Can you please clarify then for me the figure . Yes, our base account pays about the s
[inaudible] [inaudible] [inaudible] [inaudible] about those are to think about the committee will come to order. Thank you so much mister chairman, can you hear me okay . Loud and clear, yeah. Thank you mister chairman. I want to first begin by recognizing miss frazier and city group. The conversation i am going to have will involve all of the panelists. I want to begin with her company and herself. Based on our research it looks like they pay five times more interest to its depositors and the rest of the individuals sitting at the table. Miss frazier, is it correct that your deposits are currently yielding 0. 05 Interest Rate . We believe we have a variety of different deposit products. We believe them to be competitive and fair. The information i have here on your basic account package is a 0. 05 Interest Rate, is that correct . One of our products has, that that is correct. For the rest of the panel, is it fair to say that my members here are accurate for the remainder youre paying
Thank you so much mister chairman. Can you hear me okay . Unclear. Thank you mister chairman. I want to you first begin by recognizing mr. Fraser and citigroup, the conversation im going to have involves all the patent list, but i want to begin with her company and herself. Based on our research, it looks like citigroup pays five times more in interest to its depositors than the rest of the individuals sitting at the table. Miss frazier, your deposits are currently 0. 5 Interest Rate . We believe we have a variety of different deposit products. We believe them to be competitive and fair. The information i have here on your basic account package is a 0. 05 Interest Rate, is that correct . One of our products has, that that is correct. For the rest of the panel, is it fair to say that my members here are accurate for the remainder youre paying about 0. 01 on deposits . That is inaccurate. Can you please clarify then for me the figure . Yes, our base account pays about the same as the cit
That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activities. Last year for these mega banks that survived for us. Since then our motion continues, to battling ongoing epidemic. Inflation that is affecting every household budget, russias invasion of ukraine, raising Interest Rates another crisis. And better that economy. In this environment, the role of banks played to protect consumers and provide access to Affordable Credit is absolutely critical. Over the past several years that weve seen several symptoms of banking across the country take a dramat
27th on d w. Sure that people hold on for g. W. On facebook and twitter up to date and in touch. Follow us. Zimbabweans are waving goodbye to their old bank note the reserve bank of zimbabwe to release a new zimbabwean dollar coins and notes today in a bid to ease the cash crunch we go to harare for war also coming up looking up fassel stopped sugar and oil imports to boost Domestic Production but analysts warn the ban could backfire and plunge the country into a deeper crisis. Well America Jones welcome to do that we have business africa starting in symbolic way where cash shortages are said to be a thing of the past the countrys central bank was set to officially release new lower Denomination Bank notes and coins to cover the cash shortfall its part of a drive to shift the country back to its own domestic currency in 2009 zimbabwe entered dollarization as a way to counter hyperinflation the government says the currency is now stable enough to reintroduce the local currency but criti