{"id":16702,"date":"2022-06-28T14:19:04","date_gmt":"2022-06-28T14:19:04","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16702"},"modified":"2022-06-28T14:19:04","modified_gmt":"2022-06-28T14:19:04","slug":"fintechs-luring-skilled-staff-away-from-banks-and-tech-giants","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/fintechs-luring-skilled-staff-away-from-banks-and-tech-giants\/","title":{"rendered":"Fintechs Luring Skilled Staff Away from Banks and Tech Giants"},"content":{"rendered":"<p>New analyses are showing that the staff of major banks and some of the world\u2019s largest tech giants are increasingly pursuing opportunities with fintech startups. This includes bankers, engineers, data scientists and sales staff from Wall Street, London\u2019s financial district and Silicon Valley. In fact, such departures are up 75% since the start of the COVID-19 pandemic. The reasoning behind many of these moves seems to be people re-evaluating their priorities and seeking opportunities that can provide them with a better work-life balance, more pay and attractive career development prospects.<\/p>\n<p>At the same time, this recent trend is already showing signs that it is easing off. As inflation looms and darkens economic outlooks worldwide, the future of funding for major tech initiatives is more in doubt, giving pause to many as they contemplate what is best for them and their future.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16702 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='The most expensive startups to close in 2018'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-most-expensive-startups-to-close-in-2018\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/02\/the-most-expensive-startups-to-close-in-2018-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12285\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12285'>\n\t\t\t\tThe most expensive startups to close in 2018\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Classic banking models no longer profitable'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/classic-banking-models-no-longer-profitable\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/11\/46d76d4f-8fda-4abf-af71-5404b6fd4ad01-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15537\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15537'>\n\t\t\t\tClassic banking models no longer profitable\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Big Data in banking is becoming everything'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/big-data-in-banking-is-becoming-everything\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/a24d86ab-7a8e-4877-a527-8a9c493d3a051-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15375\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15375'>\n\t\t\t\tBig Data in banking is becoming everything\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>New analyses are showing that the staff of major banks and some of the world\u2019s largest tech giants are increasingly pursuing opportunities with fintech startups. This includes bankers, engineers, data scientists and sales staff from Wall Street, London\u2019s financial district and Silicon Valley. In fact, such departures are up 75% since the start of the &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16702"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16702"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16702\/revisions"}],"predecessor-version":[{"id":16705,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16702\/revisions\/16705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16703"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}