Crypto investment bank's growing team likes ex-Goldmanites
Crypto investment bank Galaxy Digital may be struggling to retain senior talent but has repeatedly let it be known it wants to compete with its traditional finance contemporaries. Much firms like Goldman Sachs did decades ago, Galaxy is strengthening its European presence. London is set to be its key location, but the fintech already has a number of senior names from investment banks working there.
One of the most senior is Stuart Shearer, head of product for solutions subsidiary Galaxy One. Shearer joined last September from Goldman Sachs, where he was the global head of product for credit and rates in the Marquee team. Another ex-Goldmanite who's been at Galaxy far longer is managing director Richard Kim, who joined in 2018 after eight years as an executive director across Goldman and JPMorgan.
Click here to sign up for our fintech newsletter
One of the most tenured traders at Galaxy is Jamie Knowles, who spent over 15 years working in equity sales trading across JPMorgan, Credit Suisse and, most recently, Bank of America where he was a director.
Hiring in 2023 has been sparse so far. One standout is James Osborn, a VP in product who spent four years working in product for HSBC. Open roles available in London include a blockchain infrastructure engineer and a regulatory compliance specialist.
Galaxy might like to hire Goldman people in the UK, but they seem to have been leaving its US team. Large numbers of senior bankers hired to much fanfare have since slunk away, the highest profile of whom being Goldman Sachs MD Danielle Johnson. Given CEO Mike Novogratz is himself a Goldman alumnus, the hiring may yet continue.
Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email editortips@efinancialcareers.com. Signal also available.
Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)