The Breaking Bad actor joins the financial drama, which also stars Jack O'Connell and George Clooney.
Money Monster will centre around bombastic TV personality Lee Gates (Clooney), who offers money advice on his hit show.
O'Connell plays Kyle Budwell - a struggling worker who hatches a kidnap plot to take Gates hostage live on air.
Esposito, who played Gustavo 'Gus' Fring on the AMC drama, will star as NYPD Captain Marcus Powell - the officer in charge of the hostage situation - reports Deadline.
Dominic West, Caitriona Balfe and Darri Ingolfsson also star in the drama.
Filming for Money Monster is already under way.
Esposito was previously confirmed to star in the forthcoming Maze Runner sequel.
Watch the trailer for Jodie Foster's most recent directorial effort The Beaver below: