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Eight finance companies made this year’s list of the top 50 employers in the U.S., according to LinkedIn data, including some of the country’s largest banks such as Bank of America, Morgan Stanley and list newcomer State Street. While skills around artificial intelligence and software development are highly sought-after by nearly all of the companies, professionals with experience in commercial and investment banking and capital markets are even more desired. In this week’s edition of The Finance Files, we take a look at State Street’s corporate culture and priorities for recruitment, as well as the top skills that finance employers on the list are hiring for. Here’s more from this edition of The Finance Files, the weekly newsletter from LinkedIn News bringing you the must-read news, views and conversations about finance, fintech and the economy: 📊 Chart of the week: Employees under the age of 25 don’t make up more than 10% of headcount at America’s top financial services companies. It’s a contrast from professional services companies, which many finance firms battle with for early-career talent. 🥊 Against the grain: Even amid a massive selloff in U.S. equities not seen since 2020, individual investors have piled in to the Mag 7 stocks and S&P 500 index funds. 📰 In other news: Fintech’s funding round cuts valuation in half, Jamie Dimon speaks out against tariffs, Davos founder to exit after probe, and more. 🧠 Inquiring minds: What are the advantages and disadvantages to working at a large finance company? Click 'Subscribe' to join the community and be notified of future editions. In the comments section below, let us know what you think about this week's edition — and share the stories, trends or conversations that have recently stood out to you in finance and the economy. ✍: Richard J. Chang
It always great to see external recognitions since we already know. Way to go State Street.
State Street isn’t just a good place to work, it’s an amazing place to build a career. Over my 16 years with the company, living and working in six different countries, I gained the skills, mindset, and global perspective that ultimately inspired my leap into entrepreneurship. Today, I collaborate with leaders across industries, helping solve complex challenges that State Street has long been a pioneer in addressing. Hats off to Kathy Horgan and the entire team for building an organisation that continues to shape careers and transform industries.
Very interesting analysis! The demand for AI and software development skills in the financial industry reflects the industry's rapid technological transformation, while also showing that traditional financial skills are still indispensable. The comparison of the proportion of young talent is also very thought-provoking - attracting early career talent may be one of the keys to the future of financial companies. Looking forward to more insights like this! 📊💡
Chief Technology Officer (CTO)
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