A Goldman Sachs managing director reportedly quit after raking in huge gains from dogecoin ilee@insider.com (Isabelle Lee)
A Goldman Sachs executive quit after making millions from dogecoin, eFinancialCareers reported.
The former employee did not immediately respond to Insider s request for comment.
The report said he might be starting a hedge fund.
A Goldman Sachs managing director quit after making millions of dollars in profit from the meme currency dogecoin, eFinancialCareers reported on Monday.
The executive, Aziz McMahon, has been with the bank s London bureau for 14 years, according to his LinkedIn profile.
Goldman confirmed McMahon s departure but did not provide a reason. McMahon did not immediately respond to Insider s request for comment.
A Goldman Sachs managing director reportedly quit after raking in huge gains from dogecoin ilee@insider.com (Isabelle Lee)
A Goldman Sachs executive quit after making millions from dogecoin, eFinancialCareers reported.
The former employee did not immediately respond to Insider s request for comment.
The report said he might be starting a hedge fund.
A Goldman Sachs managing director quit after making millions of dollars in profit from the meme currency dogecoin, eFinancialCareers reported on Monday.
The executive, Aziz McMahon, has been with the bank s London bureau for 14 years, according to his LinkedIn profile.
Goldman confirmed McMahon s departure but did not provide a reason. McMahon did not immediately respond to Insider s request for comment.
Bridgewater Associates CFO heads to Bitcoin-focused firm
Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG. “The …
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NYDIG Announces Appointment of John Dalby as Chief Financial Officer
The CFO of Bridgewater Associates joins during a period of rapid growth for NYDIG
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NEW YORK, May 7, 2021 /PRNewswire/
NYDIG, a leading provider of investment and technology solutions for Bitcoin, today announced the appointment of John Dalby as Chief Financial Officer (CFO). Mr. Dalby is CFO of Bridgewater Associates, the world s largest hedge fund.
Mr. Dalby brings a broad array of financial services industry experience in corporate and institutional banking, capital markets, asset management, wealth management, private equity and renewable energy. Prior to joining Bridgewater, Mr. Dalby was CFO and Chief Operating Officer (COO) of D.E. Shaw Renewables Investments. His role at D.E Shaw followed a more than 20-year career at UBS where he most recently held the role of CFO of UBS Americas.
by Tyler Durden
Friday, May 07, 2021 - 12:41 PM
In early 2020, shortly after we correctly predicted that institutional buying of bitcoin would send the cryptocurrency soaring (and just before Elon Musk announced that Tesla had purchased $1.5 billion in bitcoin), we said that the next big catalyst for Bitcoin would be when Bridgewater, the world s largest hedge fund, announces it had started purchasing bitcoin.
The reason for this was a dramatic reversal by the formerly Bridgewater founder (and one-time bitcoin skeptic) Ray Dalio who in late January said that I and my colleagues at Bridgewater are intently focusing on alternative storehold of wealth assets and expect Bridgewater to soon offer an alt-cash fund and a storehold of wealth fund in order to better deal with the devaluation of money and credit that we consider to be a major risk and opportunity, and Bitcoin wont escape our scrutiny.