Falcon first Swiss private bank to enter blockchain asset management market with Bitcoin
(Thomson Reuters ONE) -
Falcon Private Bank /
Falcon first Swiss private bank to enter blockchain asset management market with
Bitcoin
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The issuer is solely responsible for the content of this announcement.
Zurich, July 12, 2017 - Falcon Group is the first Swiss private bank to provide
blockchain asset management solutions for its clients through the new
cooperation with Bitcoin Suisse AG. Following the approval by FINMA for Bitcoin
asset management, this novel product underlines Falcon's strategic
repositioning, which focuses on shaping a unique experience, empowered by
individual excellence and world-class digital intelligence.
Falcon Group is the first Swiss private bank to provide blockchain asset
management solutions for its clients through the new cooperation with Bitcoin
Suisse AG. Clients can exchange and hold Bitcoins via Falcon using their cash
holdings. Our solution facilitates easy access to blockchain assets and a
convenient storage process. Additionally, a Bitcoin ATM has been installed in
the lobby of Falcon Private Bank's headquarters in Zurich and is accessible for
the public during business hours. After an in-depth enquiry, FINMA has given its
approval for the launch of this unique new product.
Arthur Vayloyan, Global Head Products & Services, Falcon Private Bank Ltd.:
"Following our strategic partnership with Move Digital, a best-in-class provider
of digital asset management and investment advisory systems, this is a further
tangible element of our new strategy. We are proud to be the first-mover in the
Swiss private banking area to provide blockchain asset management for our
clients. Falcon is convinced that the time is right to enter this nascent market
and it is our firm belief that this new product will fulfil our clients' future
needs."
"It has been a pleasure assisting Falcon in realising this new product, which is
nothing less than a historic milestone for the entire crypto space," says Niklas
Nikolajsen, CEO, Bitcoin Suisse AG.
MME acted as the legal advisor and PricewaterhouseCoopers as auditor in the
approval process.
# # #
Falcon Private Bank is a Swiss private banking boutique with 50 years of
expertise in wealth management. We provide first-class financial services to
private clients and wealthy families from our headquarters in Zurich and our
locations in Abu Dhabi, Dubai, London and Luxembourg. Our clients benefit from
an excellent investment competence as well as from our financial strength and
stability, which results from our Swiss heritage and our government-owned
shareholder.
Media contacts
Falcon Private Bank Ltd.
Gianmarco Timpanaro
Head Marketing & Communications
Phone: +41 44 227 57 47
Mobile: +41 79 404 37 73
gianmarco.timpanaro(at)falconpb.com
www.falconprivatebank.com
Falcon Private Bank Ltd.
Urs Fehr
Deputy Head Marketing & Communication
Phone: +41 44 227 57 45
Mobile: +41 79 694 47 65
urs.fehr(at)falconpb.com
www.falconprivatebank.com
Media Release:
http://hugin.info/150857/R/2119923/807458.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Falcon Private Bank via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 12.07.2017 - 15:05 Uhr
Sprache: Deutsch
News-ID 552088
Anzahl Zeichen: 3975
contact information:
Town:
Zurich
Kategorie:
Business News
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