News

BofA Is Bearish on Markets and Sees ‘Rates Shock’ Coming in 2022

Reuters

Citigroup to create 100 roles in digital asset push

The intitiative is the latest by traditional banks looking to find ways to tap the growing cryptocurrency sector, which has been gaining mainstream appeal as well as regulatory scrutiny. Puneet Singhvi, Citi’s head of blockchain and digital assets at its global markets operation, will lead the new team, Citi said in a memo to staff. The new team will comprise a mix of internal and external hires and be housed in Singapore, New York, London and Tel Aviv, a Citi spokesperson said in an emailed response, adding that the hiring is expected to finish by the end of 2022.

Leave a Reply

Your email address will not be published.