coindesk.com
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.
DISCLOSURE