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Morgan Stanley Taps Longtime FX Expert To Lead Crypto Research Team: Report

www.coindesk.com 15 September 2021 05:46, UTC
Reading time: ~2 m

Morgan Stanley is encamping a crypto research team to be led by former lead currency strategist Sheena Shah, Bloomberg reported on Monday, citing an internal memo seen by Bloomberg staff.

  • The London-based team will look into the impact of crypto on equities and fixed income globally, Bloomberg wrote.
  • The report was confirmed to London’s CityAM newspaper. The bank did not respond to CoinDesk’s request for comment as of press time.
  • The London-based team will report globally to James Faucette and locally to Adam Wood. The two lead Morgan Stanley’s research teams on fintech and payments in the U.S. and Europe.
  • Shah is currently the Europe lead for the Group of 10 foreign-exchange strategy, according to Bloomberg. A LinkedIn profile in her name confirms the reports, however CoinDesk has not been able to confirm its veracity.
  • Morgan Stanley was one of the first banks to offer its wealth management clients access to bitcoin back in April. JP Morgan followed soon after.
  • The $4 trillion bank also bought shares of Grayscale’s Bitcoin Trust in June.


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