Banks employ fewer cryptocurrency experts than they do chefs, according to Financial News research that exposes a deep reluctance to enter the fast-growing sector.

Only 29 UK executives working at the world’s top 10 banks have the term 'crypto', 'bitcoin' or 'digital assets' in their job titles or within a description of their job, an analysis of LinkedIn profiles has found. This compares with 40 chefs, 78 people who work on “diversity and inclusion” and 85 who manage social media accounts for the same institutions.