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What is driving the decline in Tech Jobs?
Software Engineering Career
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L4 Google -> 45 interviews, 5 offers, AMA
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BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
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What happens when most of your team is Indian?
Tech Industry
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Question about women in their 30’s?
Just how “scared” are other banks of Marcus’ growth? They just launched a lending partnership with Amazon small businesses, have Apple Card out, and are rapidly expanding there Deposits volume. Time for the Chase’s and BofA’s to be worried? Or small beans to them?
Can’t speak for other banks but can say that it’s a damn good time to enter transaction banking at GS
Why? Because traditional IB functions are in a lull right now?
Well, sure, there’s that. Also, GS realized there’s much unrealized potential in the TXB market and is growing rapidly in that regard
small beans, none of the top 5 banks are losing significant share to Marcus on lending businesses. might be on deposits (savings account business) as Marcus offers top of market rates
Not worried about them. Deposit growth in online banking is easy, just raise rates a few bps. Apple card is pretty small and unprofitable. More worried about what JPM, Amex, Amazon, Apple, and CK than I am with Goldman
Buddy u work at capital one
Which is a retail bank in case you hadn't noticed. We are also heavy in card and the OP was asking about apple card...
Good read. Thanks for linking.
Thanks this is a helpful link
The way I see it is it just depends on how you want to lose money as a bank. We waste it on vanity projects, tech waste, and letting many flowers bloom and “talent”. And Goldman in bad loans and fraud. Our way is more fun and the WLB is better.
Certainly sounds like it
Digital or "challenger" banks are certainly increasing competition in the market with slick user experience and features. They are growing more in the US now but such competition has existed in other parts of the world for sometime now.