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UBS CEO says crypto is an untested asset class and he isn't worried about missing out on clients

6 days ago   |   By Business Insider

Ralph Hamers, CEO of UBS, gestures during in Zurich, Switzerland, Thursday, Feb. 20, 2020.
Walter Bieri/Keystone via AP
Ralph Hamers, CEO of UBS Group, said he advises his clients to be cautious when it comes to crypto.
"We feel that crypto itself is still an untested asset category," he told Bloomberg.
Hamers also said he does not worry about losing out on billionaire clients by not offering crypto.
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Ralph Hamers, the CEO of Swiss Bank UBS Group, said when it comes to cryptocurrencies, he advises his clients with...
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