News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Banks: Try changing attitudes rather than the decor

Forget the beanbags, an innovative culture is created by knowing your company’s core values and having a board that shares them

“We have totally changed the working environment in our bank to make it cooler and more attractive to the top talent who would otherwise join Amazon, Facebook or Google.”

This is a line I hear all too often from top executives of incumbent financial service firms. It's a bit optimistic. Even if they've bought some trendy furniture, for many in the hacker/Gen-Y talent pool these gigantic companies still look as stuffy and bureaucratic as a government department.

WSJ Logo