Let's face it working in finance is not as "cool" as working at the next big technology startup. Banks are struggling to hire and retain top tech talent. These engineers, architects and project managers are more excited by free Red Bull and no dress codes than they are by the allure of Wall Street. Nevertheless, this article points out how investment banks are trying to become more attractive to the best tech talent.
Banks struggle against large tech companies and the ever-growing band of fintech start-ups, which poach their talent and divert away technologists who might otherwise have been swayed across to the big pay packets on offer in the financial sector. Never ones to simply throw in the towel, investment banks are instead looking to bring tech talent into the fold either via the back door, or making the front door decidedly more Google-esque. Here’s what the banks are doing to incubate technologists, or at least ensure they get dibs on whatever is developed.