UBS won't pass negative interest rates to small savers - COO
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(Reuters) - UBS has no plans to pass on negative central bank interest rates to small savers but would introduce cost saving measures to deal with market conditions, the Swiss lender's chief operating officer told media on Sunday."It is our clear goal to spare the small savers," Sabine Keller-Busse told the paper in an interview with Swiss weekly NZZ am Sonntag published on Sunday. "It would be difficult to explain such a step to them."Interest rates are at record lows, and official borrowing..