Art and finance have long been intertwined. As early as the Italian Renaissance, a Florentine banking family supported Michelangelo and Botticelli in making their masterpieces.

On this episode, we fast-forward a few centuries to 1980s New York City as Jeffrey Deitch explains how he convinced both bankers and art world denizens to buy into Citibank’s new art services department—an innovation that would transform the art market into what we know today.