Why Are Wall Street Banks Fighting Over Gamers? [zero hedge]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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jpmorganchase.com/corporate/investor-relations/investor-relations.htm
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Source: zero hedge
Authored by Michael Scott via Safehaven.com,There’s a new type of talent on the hitlist of Wall Street banks: It’s digital, and dipping its fingers into the gaming world to hijack developers and engineers, even from the massively popular Fortnite.But when it comes to competing with Silicon Valley, the banks are reportedly having an easy enough time of find the right people to help them realize their new development goals in an uber-digital world.Today, digital developers are the new stars of Wall Street banking. And JPMorgan’s digital development staff went from pretty much zero four years ago to some 1,500 today.Ambitions have changed. So, too, have staffing needs.JPMorgan, for one, would strongly disagree with the founder and CEO of Netguru, Wiktor Schmidt, who recently told media that banks will fail ultimately because of their inability to attract and retain developer talent in an increasingly digital world.Bloomberg has also been sounding the alarm bells over the challenges digit
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News
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- Microsoft, Alphabet: Wall Street bullish on Big Tech, Q1 results [Yahoo! Finance]Yahoo! Finance
JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- JPM's page on the SEC website