Goel was most recently the global chair of technology investment banking at JP Morgan.
,In his new role, first reported by Reuters, Goel will work alongside Marlk Keene who joined Citi six years ago as head of tech investment banking.
,The hire is one of many that Citi has made to its investment banking team, including another former JP Morgan exec, Bernal Vargas, who was appointed as head of the equity capital markets division in North America.
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Using payments data, privacy-enhancing technologies, AI and enhanced cooperation for a behavioural-based analysis approach to detecting money laundering networks is more effective than the current rules-based approach, concludes new research from the BIS Innovation Hub.
Nubank is doubling down on its AI-first strategy with the acquisition of Silicon Valley-based data intelligence outfit Hyperplane for an undisclosed fee.
Deutsche Bank is setting up an environmental, social and governance (ESG) centre of excellence in Singapore.
Alibaba Group has cancelled its plans to spin-off its cloud division due to uncertainties from US exports on AI chips.