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Citigroup is seeking a Senior Vice President for Wealth Technology, according to a recent job posting highlighted by Frank Chaparro. The position’s responsibilities include bridging traditional finance infrastructure with blockchain technology and building AI-driven portfolio, trading, and advisory services.
Chaparro notes that the job ad demonstrates how major banks are considering artificial intelligence and tokenization together as part of their technology strategy.
Chaparro has also tracked key developments across digital assets and credit markets. He recently reported that Tether disclosed $1.6 billion in diversified investments across multiple sectors. In an earlier post, Chaparro noted that high-yield software credit spreads rose to about 355 basis points in one of the sector's fastest repricings since 2022.