Skip to main content

This pie chart shows how Goldman Sachs is trying to become the Google of Wall Street (GS)

Marty Chavez

It has been well documented that Goldman Sachs is on a mission to become the Google of Wall Street.

And a pie chart in a new report by CB Insights shows the degree to which the bank is trying to become more like a tech company. 

The report, which dissects the investment bank's strategy, said 46% of Goldman's recent job listings were in tech. 

"The highest percentage of technology jobs were for platform roles, followed by operations engineering and equities technology positions," the report said. 

Business Insider reported in July that the bank was building an iOS app for its growing crop of digital retail banking services. That's one of the main areas in which the bank is actively seeking talent, according to the report. 

The bank is also hiring folks to fill the ranks of its fast-growing Marquee platform. Business Insider first reported that Goldman was looking to build up Marquee, which provides clients access to the bank's analytics, data, content and trading capabilities via a browser of API. 

The bank posted eight job ads for roles relating to Marquee in New York in July, and has also advertised a further 12 roles in Bengalaru and four in Warsaw. 

But the pie chart really says it all:

GSteardownjobs 1

SEE ALSO: Goldman Sachs is on a hiring spree to become the Google of Wall Street

Join the conversation about this story »

NOW WATCH: A top analyst recommends buying Facebook, Amazon, Netflix and Google shares



from Tech Insider http://ift.tt/2yFdpEf
via IFTTT

Comments

Popular posts from this blog

Instagram accidentally reinstated Pornhub’s banned account

After years of on-and-off temporary suspensions, Instagram permanently banned Pornhub’s account in September. Then, for a short period of time this weekend, the account was reinstated. By Tuesday, it was permanently banned again. “This was done in error,” an Instagram spokesperson told TechCrunch. “As we’ve said previously, we permanently disabled this Instagram account for repeatedly violating our policies.” Instagram’s content guidelines prohibit  nudity and sexual solicitation . A Pornhub spokesperson told TechCrunch, though, that they believe the adult streaming platform’s account did not violate any guidelines. Instagram has not commented on the exact reasoning for the ban, or which policies the account violated. It’s worrying from a moderation perspective if a permanently banned Instagram account can accidentally get switched back on. Pornhub told TechCrunch that its account even received a notice from Instagram, stating that its ban had been a mistake (that message itse...

Watch Aidy Bryant *completely* lose it as 'SNL' roasts political pundits

On Saturday Night Live , there are breaks and then there's whatever happened here. The Season 45 premiere featured a sketch that was meant to expose the empty noisemaking of political punditry on TV. But part of the joke involved a series of quick costume changes, and some weirdness during one of those switches led to a complete and total breakdown. Aidy Bryant, the segment's host, couldn't take it. She manages to keep it together until what appears to be an accidental wide shot exposes some of the magic as we see a woman who's probably a member of the SNL wardrobe crew fiddling with Aidy's costume. Read more... More about Saturday Night Live , Aidy Bryant , Entertainment , and Movies Tv Shows from Mashable https://ift.tt/2okrAOq via IFTTT

California Gov. Newsom vetoes bill SB 1047 that aims to prevent AI disasters

California Gov. Gavin Newsom has vetoed bill SB 1047, which aims to prevent bad actors from using AI to cause "critical harm" to humans. The California state assembly passed the legislation by a margin of 41-9 on August 28, but several organizations including the Chamber of Commerce had urged Newsom to veto the bill . In his veto message on Sept. 29, Newsom said the bill is "well-intentioned" but "does not take into account whether an Al system is deployed in high-risk environments, involves critical decision-making or the use of sensitive data. Instead, the bill applies stringent standards to even the most basic functions - so long as a large system deploys it."  SB 1047 would have made the developers of AI models liable for adopting safety protocols that would stop catastrophic uses of their technology. That includes preventive measures such as testing and outside risk assessment, as well as an "emergency stop" that would completely shut down...