'The opportunity is right now': Banks recruit amid Big tech layoffs
Truist CIO Ken Meyer and other bank leaders are seeing the chance to hire engineers, developers and data scientists.
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Truist CIO Ken Meyer and other bank leaders are seeing the chance to hire engineers, developers and data scientists.
Phishing and ransomware attacks were among the deadliest for financial institutions in the past year.
Federal agencies' complaints against FTX's leaders have led to scrutiny of the banks it worked with. While it's unlikely the bankers will be held accountable for the cryptocurrency exchange's wrongdoing, the case could make it more difficult any bank that wants to work with crypto-related businesses.
American Express, LendingClub and Webster Bank are among the financial firms that named new chief information officers and chief technology officers.
Hacks of banks, credit unions and insurance companies compromised the data of millions of consumers, who filed a flurry of class actions in response.