Cathy Bessant, the English major turned "tech-exec" who once said "I frequently design datacenter structures on the back of a napkin—much to the horror of my team" (http://www.waterstechnology.com/waters/feature/2076214/bank-...) is suddenly going to go after tech-talent? Har Har.
In the past 5 years, tech wages have only gone in one direction at the Bank: down. There is no technical talent in management whatsoever (and no technical career path). Don't believe me? If you ever interview there, ask to speak with your hiring boss's boss. See how technical they are. You will not find tech talent more than one level deep in management.
This is a company that hired an Oceanographer (http://www.rubinworldwide.com/team.php) to tell them how they are spending too much on IT, and are dumb enough to believe it. As Steve Jobs said, once you compete on price (instead of value) you have already lost. Well, at the Bank it's just cut, cut, cut. No one Sr in IT appreciates or understands enough about technology to actually communicate its value to the business. This is a company in its death throes - the management is just too ignorant to recognize it.
This is a company that hired an Oceanographer (http://www.rubinworldwide.com/team.php) to tell them how they are spending too much on IT, and are dumb enough to believe it. As Steve Jobs said, once you compete on price (instead of value) you have already lost. Well, at the Bank it's just cut, cut, cut. No one Sr in IT appreciates or understands enough about technology to actually communicate its value to the business. This is a company in its death throes - the management is just too ignorant to recognize it.