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The Top 25 Financial Technology CTOs of 2021

Top Finance News: JPM and Morgan Stanley Succession; UBS Tech-Banker Exodus

Hello readers, Happy Saturday, and welcome to Insider Finance. Here s a rundown of our must-know stories from the past week: JPMorgan and Morgan Stanley leadership shake-ups put CEO candidates in the spotlight SVB Leerink poached a team of senior UBS tech bankers, including Jason Auerbach, the group head  Kirkland & Ellis has offered up to $250,000 signing bonuses amid nonstop M&A and capital-markets work Lone Pine s Mala Gaonkar is one of the hedge-fund industry s most interesting characters Cathy Bessant, Bank of America s top tech exec, added a new direct report Restaurants and bars rejoice as New York s bankers return to the office

AFTAs 2020: Best Infrastructure Initiative—Bank of America

WatersTechnology.com Bank of America’s three-year project to refresh its global Wide Area Network (WAN) backbone is impressive for many reasons: its increased bandwidth and reduced cost and technology footprint, its use of a modular architecture to create segmented traffic flows, and intelligent automation tools to complete the project faster.  But it’s the sheer scale of the project that is most impressive, covering all domestic and international communications between front and back offices across 200 large branch offices that house the bank’s eight lines of business Retail, Preferred and Small Business, Merrill Lynch, Bank of America Private Bank, Business Banking, Global Commercial Banking, Global Corporate & Investment Banking, and Global Markets.

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