Tether dismisses two senior gold traders previously recruited from HSBC

MeNews · 2026-04-03T17:29:10+00:00

Tether Holdings has laid off two precious metals traders, Vincent Domien and Mathew O'Neill, recruited from HSBC, as part of restructuring the gold trading team to expand its gold reserves and trading operations.

MeNews

2026-04-03 17:29:10

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ME News update, on April 1 (UTC+8), Tether Holdings, the stablecoin issuer, has fired two senior precious-metals traders Vincent Domien and Mathew O’Neill, whom it hired from HSBC (HSBC) a few months earlier. The two were previously hired to help build “the world’s best gold trading floor” and assist Tether in accumulating gold reserves worth hundreds of billions of dollars. Reports say the two have left the company, as part of Tether’s reorganization of its gold trading team; previously, the company had been expanding its gold holdings and related trading business through the aforementioned team. (Source: PANews)

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