Goldman Sachs looking to round out digital assets team with new international hires

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Investment banking giant Goldman Sachs is looking to round out its digital assets team with two new international hires, according to people familiar with the situation. 

The firm, which re-structured the digital assets team earlier this year, is seeking to fill a vice president position in the UK as well as a research and development software engineer in Singapore. The team has grown to about 10 people with the most notable recent additions including Oli Harris, whom the firm brought on from JPMorgan, and Amar Amlani, who previously was an executive director in cross assets financing at Goldman. The team also relies on support from other units at the firm. 

Goldman named London-based Matthew McDermott as the new head of the digital assets business in August, representing a slight pivot  from its ambitions to build out a cryptocurrency trading operation to one that would build out crypto applications tied to financial markets. At the time, McDermott told CNBC the firm was exploring "the commercial viability of creating our own fiat digital token."

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May 5, 2022, 3:17PM UTC
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