The New York Post: Bitcoin expert at Wells Fargo reportedly poached by Big Blue

A top Wells Fargo techie in charge of engineering its bleeding-edge banking platform is leaving for rival IBM by the end of the month, the New York Post has reportedly learned.

Jesse Lund, who leads the bank’s San Francisco–based Innovation Lab, is leaving on Jan. 31, Ann Wasik, a bank spokeswoman, has confirmed, according to the Post’s report.

Losing Lund — the man in charge of the bank’s WFC, -1.49% “blockchain” push, the valuable but largely untested technology behind Bitcoin — is the latest blow for the bank, whose reputation was tarnished by last year’s fake-accounts scandal.

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