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Sure, though the supply of developer jobs at an elite HF/algo trading firm are much smaller so not really a meaningful factor IMO. I don't think the same people
by dawhizkid 8y ago
Sure, though the supply of developer jobs at an elite HF/algo trading firm are much smaller so not really a meaningful factor IMO. I don't think the same people who would want to work at a GOOG/FB or startup are the same people who would be happy on the IT team at a bank. I know places like Cap 1 and Amex have growing digital teams though AFAIK their comp is not comparable to what you'd make at a large tech co, meaning the opportunity cost is not as high as Bay Area.
- user5994461 8y agoIt's not any smaller. There are as many developers working in top banks as there are working in the big 4. In London and NYC, there is a rather aggressive competition between web and finance and startups. Startups can't compete on anything and they get peanuts when it comes to employees. It's actually the same people working everywhere. A typical office building has 10 000 seats, there is a role for you where you will be happy.