Outflows into crypto-land: ZKB takes countermeasures

Zürcher Kantonalbank entered the Bitcoin and Ethereum business relatively late. This was partly due to the fact that ZKB customers had verifiably transferred hundreds of millions of euros to crypto brokers and exchanges. ZKB's own offering has been particularly well-received in private banking. Last fall, Zürcher Kantonalbank (ZKB) launched its…