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Citigroup to hire 100 roles into new digital assets unit

Banks are on the march to assert themselves in the crypto space

Puneet Singhvi will take charge as the bank looks to bolster its digital asset presence
Puneet Singhvi will take charge as the bank looks to bolster its digital asset presence

Citigroup has named a new head of digital assets within the division housing its investment bank, and will hire an additional 100 staff as part of a fresh push into the sector.

The US bank has promoted Puneet Singhvi to become head of digital assets within its institutional clients group, a role that will sit within its business development team, according to an internal memo seen by Financial News.

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