Banks urge clients to take cash elsewhere

New rules mean some deposits aren’t worth it, J.P. Morgan, Citigroup and others tell large U.S. clients

Banks are urging some of their largest customers in the U.S. to take their cash elsewhere or be slapped with fees, citing new regulations that make it onerous for them to hold certain deposits.

http://finance.yahoo.com/news/banks-urge-clients-cash-elsewhere-015700767.html