CORRECTION (Nov. 20, 10:02 UTC): Corrects headline and story to say service is available for clients with accounts in Switzerland. An earlier version said the service was for Swiss clients.
Santander Private Banking International, part of Spanish financial services giant Banco Santander, is offering high-net-worth clients with Swiss accounts trading and investing in the major cryptocurrencies bitcoin (BTC) and ether (ETH), according to an internal announcement seen by CoinDesk.
Over the next several months, Santander will offer additional cryptocurrencies that meet the bank’s screening criteria, the announcement said.
Santander said the service is provided only upon client request through relationship managers, and the assets