Media: Swissquote to expand in Asia, not for sale - CEO in NZZ
27/06/2019 07:09
Swiss online bank Swissquote SQN.S co-founder and Chief
Executive Marc Buerki tells the Neue Zuercher Zeitung newspaper:
** Plans to push international business with institutional
investors, including in Singapore soon
** Plans to expand products step by step beyond trading
platforms to become a universal bank
** Says cannot rule out a change of ownership for
Swissquote, but he and partner Paolo Buzzi, who each own 25%
stakes, have no plans to sell
** Says the Libra cryptocurrency project led by Facebook
FB.O could represent "a small revolution" in retail payments
and micropayments given the community of 2 billion people it can
draw on and low transaction costs
-- Note: Reuters has not verified this story and does not
vouch for its accuracy
For the original story click here: [https://www.nzz.ch/wirtschaft/
]
Further company coverage: SQN.S
(Reporting by Zurich Newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))