News: Careers
Finextra: Lloyds hires Amazon exec to head up mortgages division
A former technology head at Amazon has been hired by Lloyds Banking Group to lead the digitisation of the bank's revamped mortgage division.
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efinancialcareers: Salaries for data science and machine learning in London finance, revealed
A new salary report by recruitment firm McGregor Boyall has broken down London salaries in financial services for a number of tech roles.
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February 25, 2025 / Artificial Intelligence, Careers
Finextra: DBS to shrink workforce by 10%
DBS Bank expects to dispense with 4000 contract and temporary employees over the next three years as AI takes centre stage.
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February 25, 2025 / Careers
efinancialcareers: Barclays increased graduate hiring 46% in two years, but diversity is falling
Barclays hiked graduate hiring by 46% last year compared to 2022, the last year when graduate hiring figures were provided.
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February 20, 2025 / Careers
efinancialcareers: McKinsey & Co. partners receive same salaries as VPs in banks
An interesting comparison here - the base salaries of McKinsey & Company partners are very similar to VP level in banks.
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February 18, 2025 / Artificial Intelligence, Careers
efinancialcareers: More financial services quants are spending their gardening leaves at OpenAI
AI research giants like OpenAI are some of the few firms who can match the pay you can earn as a quant in a hedge fund or algorithmic trading firm.
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February 11, 2025 / Careers
CIO: H-1Bs under Trump: Lots of heat, little action
While the Trump administration combats other immigration, the high-skilled worker visa program appears safe, even with strong opposition from the president’s MAGA base.
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CIO Dive: IT leaders turn to upskilling to close looming skills gap
IT leaders are turning to upskilling to close a looming skills gap.
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February 3, 2025 / Careers
efinancialcareers: Deutsche Bank hired 1,300 technology staff last year. But bad luck to contractors
Deutsche Bank hired 1,300 technology staff last year.
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CIO: 67% of digital transformations delayed due to skill shortages
IDC's latest survey of IT leaders from North America, Asia, and Europe found that a shortage of IT skills has caused delays in product development at 54% of organizations, with 58% reporting product or service quality issues as well.
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