BCB Group's Deputy CEO Departs After Failed German Bank Merger

Noah Sharp, lawman CEO of crypto banking steadfast BCB Group, has near the business, the institution told CoinDesk connected Friday.

Sharp was hired a twelvemonth agone by BCB Group successful a bid to grow its concern internationally.

Last week, BCB Group said it had ended its planned acquisition of 100-year aged Sutor Bank much than a twelvemonth aft it was announced, citing regulatory delays and changing existent marketplace conditions.

“I hired Noah arsenic my lawman to assistance standard the business, focussing connected integrating and expanding what would person been our German slope acquisition - Sutor Bank,” said Oliver von Landsberg-Sadie, CEO of BCB Group. “In airy of the displacement successful the existent banking and regulatory situation and the determination to measurement distant from the slope deal, Noah has decided to prosecute an outer accidental successful the fintech space,” helium added.

Sharp joined BCB Group from payments steadfast Paysafe, wherever helium served arsenic main banking officer, liable for starring the planetary banking and payments division. Prior to this, helium spent a fig of years moving astatine concern banks Standard Chartered and Deutsche Bank.