News and insights
We know how important it is to have reliable information, facts and background details as good decision-making tools. In our press releases, you can find the latest news about Bank Frick. We provide specialist knowledge about the financial market – both conventional and blockchain-based – in our in-depth blog posts. If you would like to hear exciting updates about the cryptocurrency market, then dive into our Crypto Industry Reports.
News and insights
Are we experiencing lightning fast adoption?
Twitter CEO Jack Dorsey has long come out as a Bitcoin bull. Given his optimistic stance on Bitcoin, it was only a matter of time until the social media platform would integrate the cryptocurrency. This time has now come and the option to tip with Bitcoin is currently being rolled out to users.
Turning crypto investment into an earning asset
With Ethereum upgrading to Proof of Stake, the crypto world is going through one of its most transformative shifts to date. This means that customers will soon be able to earn interest on their digital asset holdings through a process called staking. What staking is, how it will define the future of Ethereum and digital asset custody at large is explained in this article.
How decentralised is Decentralised Finance really?
The world of decentralised finance continues to pose quite a challenge when it comes to regulation. After all, who is to be regulated?
Paying with crypto: Things are picking up
Bitcoin has been designed as a peer-to-peer electronic cash network. Applying a 30-day moving average, the Bitcoin network did move over 8,2 billion US dollar on its mainchain on August 22nd.
A comprehensive overview of Liechtenstein’s banking regulation
In this in-depth article, the authors show the economic and regulatory environment in which banks in Liechtenstein operate. This article first appeared in the reference work The Banking Regulation Review (Twelfth Edition) published by Law Business Resarch.
Half-year results of Bank Frick: Budgeted annual result of CHF 3.1 million already achieved
Bank Frick generated a net profit of CHF 3.1 million in the first half-year. All strategic business segments contributed to this long-term result. For 2021, the Bank therefore expects an annual profit in the order of CHF 5 million. Thanks to the successful reorganisation initiative of the departments involving direct client contact, we have been able to pay even closer attention to the client experience.
Sneaky passage targeting crypto in US’ latest infrastructure bill
Washington is finally talking about Bitcoin – but most likely not in a way most crypto enthusiasts welcome it. Cause for discussion was a major political project in the form of a 1$ trillion infrastructure bill, which the Biden administration has had in its sights since taking office.
«Bridging the worlds of blockchain banking and classic banking – We are the future of finance»
The borders between the worlds of blockchain banking and classic banking are becoming more and more fluid. Beneficiaries of the crypto boom are increasingly seeing the advantages that traditional, less volatile asset classes offer in terms of diversification and investment options. At the same time, classic financial intermediaries are increasingly interested in the dynamic new world of blockchain banking.
Bank Frick processes donations in the form of cryptocurrencies
Bank Frick now processes donations in the form of cryptocurrencies for the Swiss section of the human rights organisation Amnesty International (Amnesty Switzerland). Bank Frick has developed a set-up that enables the reliable, regulatory compliant and secure acceptance of crypto donations. This model is suitable for all NGOs to carefully check the origin of crypto donations.
“Through this reorganisation initiative, we are improving our service to our clients.”
Bank Frick is reorganising its client-facing departments, putting even more focus on the client experience and further improving the service provided to the client. In addition to the new Client Services department, which concerns itself with professional support of existing clients, the Bank will now have four departments focused on sales.
Strategy takes hold, with a steady increase in net income
Despite challenging circumstances, Bank Frick generated a net profit of some CHF 4.4 million. The years-long trend of continuously increasing income was confirmed in all business areas, and the growth in expenses has flattened out. Thanks to the successful strategic orientation of the entrepreneurial Bank, net income has doubled to some CHF 40.0 million in just five years.
«Der Umgang mit Krypto-Assets birgt sehr weitreichende und spezifische Risiken»
Bitcoin & Co. setzen seit einigen Monaten zu immer neuen Höhenflügen an, doch sind Direktinvestitionen in Coins nicht mehr der einzige Weg, um an Kryptowährungen zu partizipieren. Im Interview erläutert Raphael Haldner, Head of Fund and Capital Markets der Blockchain-Pionierin Bank Frick, die aktuellen Kryptoprodukte für Privatanleger und erklärt, worauf sie beim Kauf achten sollten.