Crypto Has No Place in Private Banking Right Now, Pictet Says

Crypto Has No Place in Private Banking Right Now, Pictet Says

Pictet Group and the Swiss wealth manager is warning against cryptocurrency investments. Which amid recent industry turmoil. “Crypto will be an asset class we can’t ignore. Today there’s a place for private bankers and private bank portfolios,” Tee Fong Seng. Tee Fong Seng chief is the executive of the Geneva-based firm’s Asia wealth management arm. […]