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Swiss Private Bank Says 400 New Clients Demanding Crypto Products

Published 08/22/2019, 05:47 AM
Updated 08/22/2019, 06:01 AM
Swiss Private Bank Says 400 New Clients Demanding Crypto Products

Swiss private bank Maerki Baumann has had a deluge of over 400 new clients wanting to tap its future blockchain offerings since it revealed its interest in the sector.

Swiss Info reported on Aug. 22 that the Zurich-based institution — which has $8.2 billion AUM but faces stiff market competition and an erosion of its margins — has opted to embrace blockchain to rejuvenate its business.

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