Cryptocurrencies
Citi to Hire 100 People in Push Into Digital Assets
- Bank is ‘focused on assessing the needs of our clients’
- BofA, JPMorgan, Goldman all looking at cryptocurrencies
Photographer: Daniel Acker/Bloomberg
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Citigroup Inc. is looking to hire 100 people as part of a new push into digital assets inside its institutional business, according to a person familiar with the matter.
As part of the effort, the firm tapped Puneet Singhvi to be its new head of digital assets inside the institutional-clients group, according to a memo to staff seen by Bloomberg News. He will report to Emily Turner, who oversees business development for the broader group.