Morgan Stanley Taps Longtime FX Expert To Lead Crypto Research Team: Report
www.coindesk.com 15 September 2021 05:46, UTC
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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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