Blythe Masters turned down an offer to run Barclays' investment bank to stay with her blockchain technology startup Digital Asset Holdings, Reuters reported yesterday.
, citing an unnamed source, said Barclays boss Jes Staley pitched his former JP Morgan colleague Masters to head the unit late next year.
But Masters rebuffed the offer, saying she is "fully committed" to her startup, which plans to use blockchain technology to cut down settlement and clearing times for a variety of asset classes.
Masters told Reuters:
Masters is one of the most powerful figures on Wall Street operating in the financial technology space. She was the former global head of commodities at JP Morgan and is widely credited for devising the credit default swap.
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