Editorial: Safety in deposits

Richard Jory
Richard Jory, Structured Products

There was a time when bank deposits were both simple and secure. The concept - I give you money and you give it back to me whenever I want it, plus some interest - was then made even easier to grasp when regulators and governments created deposit insurance schemes. The upshot was that money in the bank was super safe and there was no need to worry about it.

As roving eyes turned their gaze from yield enhancement to safety, however, deposits have become the new black, at least for the creators

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