In Netherlands vs Deutsche Bank, bets are on Deutsche
A decision is looming on Dutch appeal after being denied payment on interest rates gone negative
Update, May 2: This article was published at 4:30am UK time on May 2. The Court of Appeal judgement was given at 10:45am in favour of Deutsche Bank.
The Netherlands wants €18 million ($20.2 million) it believes it is owed by Deutsche Bank – by now, the figure is probably more.
But lawyers doubt it is going to collect. The case the Dutch state filed in 2017 against Deutsche to recoup negative interest on collateral is expected to go the German bank’s way. Again.
A decision could come any
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