Why Wall Streeters Are Turning to Bitcoin for a Living

By October 26, 2014Bitcoin Business

Why Wall Streeters Are Turning to Bitcoin for a Living

When banking giant Citi announced it would lay off 11,000 employees last May in a bid to save a billion dollars in expenses, Arthur Hayes was one of the staffers given a pink slip.

Hayes had been a ‘Delta One’ proprietary trader for Citi in Hong Kong, acting as a market-maker for the bank’s Asian exchange-traded fund products. He had spent his career in financial institutions, starting out at Deutsche Bank.

While polishing his resume to rejoin […]

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