UK
Company: Cisco
Does financial technology still need more female geeks?
Nestled among this year’s FN 100 influential women is Veronique Arnoldi, chief technology officer at Aviva Investors. While her achievement is obviously laudable, the fact that she’s the sole representative from IT in finance is indicative of the relative dearth of women still entering the sector. Accusations of sex discrimination within investment banking and an [...]
Banks spending more on IT despite the gloom
The credit crunch might have dented banks’ optimism about market conditions, but a new study suggests their investment in IT is set to soar. The latest survey produced by the Confederation of British Industry and Pricewaterhouse- Coopers paints a bleak picture of the financial services industry as a whole, with optimism plummeting to levels only [...]
Editor’s take: How low can IT budgets go?
Technology companies are tipped to feel the pinch of the credit crunch as write-downs among investment banking behemoths continue. The tech budgets in the financial services industry are massive. They account for nearly a quarter (23%) of all the $432bn spent on hardware, software and tech services in the US, so any belt-tightening inevitably sends [...]
VoIP professionals find a voice
Banks are paying up for people to work on voice-related products: contractors with the right CV can expect to make 500 to 600 a day. Banks are combining data and voice networks. But implementing the systems requires a rare skillset. “We receive quite a lot of requests for voice engineers from our investment banks, but [...]
What future for infrastructure specialists?
UBS isn’t alone in shifting IT infrastructure support to India. Is now the time to do something more exciting instead? Not necessarily, according to recruiters. Despite the flow of jobs offshore, there’s still healthy demand for home-grown infrastructure support skills. Infrastructure management is all about monitoring and managing a company’s core IT services. It includes [...]
Recruiters’ M.B.A. picks: a trio of familiar names
These rankings measure how appealing the schools are to recruiters — the buyers of M.B.A talent. The three top-rated schools this year all offer relatively small M.B.A. programs and produce graduates that companies find attractive both for their technical aptitude and their agreeable attitudes. Recruiters like students from Dartmouth’s Tuck School of Business for their [...]
US jobs roundup: Key teams expand
Multiple hires were prominent in the US job market in the past week. Barclays Capital, Bear Stearns and Wachovia Securities all hired en masse. Barclays recruited six directors for its emerging markets business. Three are to be based in London, with three in New York. The US hires are: Ennio Montinaro as director of emerging [...]
Schwab boss leads pay list
Second was Sanford Weill at Citigroup who amassed $89.7m, followed by Charles Schwab himself on $69m and Bank of America’s Hugh McColl who received $48.4m. At the other end of the scale, the lowest compensation package, a meagre $100,000, was paid to Warren Buffet at Berkshire Hathaway. As one of the richest men in the [...]
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