City Of London

Banks and Tech Giants Are Losing Skilled Staff to Flexible Fintechs

The attraction of remote work and a scramble for talent is luring highly skilled people away from places like Goldman Sachs and Facebook.

Photographer: Qi Yang/Moment RF/Getty Images 

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Staff at major banks and some of the world’s biggest technology giants are increasingly leaving for fintech startups, new analysis shows.

Bankers, engineers, data scientists and sales staff from Wall Street, the City of London and Silicon Valley are among those joining an exodus that picked up speed during the pandemic, according to data compiled by Revelio Labs, a workplace intelligence company.