MIG Investments gets banking licence

NEUCHATEL & BERNE – MIG Investments obtained a Swiss banking licence last week, bringing it in line with banking regulations introduced on April 1 that mandate brokers to acquire such licences to continue foreign exchange broking operations.

Re-branded MIG Bank, the broker will continue to offer foreign exchange broker services, and has also revealed plans to diversify into precious metals. MIG Bank said the licence will enable it to accelerate its growth in Switzerland and globally, and that

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