December 28, 2012 It’s been quite a year for the financial services industry, which was hit by multi-million dollar hack attacks as well as spectacularly disastrous technology failures. We took a look at the most costly industry mishaps in our top galleries of 2012, while also shining the spotlight on some of the biggest mistakes CIOs make. But there is light at the end of the tunnel for chief technology officers: our recent salary survey showed that IT skills remain in short supply on Wall Street. So for those looking to recruit new talent -- or join the industry -- we took a look at Wall Street’s top technology schools.
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SAC Capital: When The Feds Came Knocking Early on Friday March 29, federal agents arrested the portfolio manager of SAC, the largest hedge fund in the country. Will SAC Capital founder Steve Cohen, who just enjoyed a week of retail therapy which saw him snap up mansions and Picassos, be next to see the Feds come knocking? Here’s a timeline of events that have put SAC Capital at the center of an insider trading scandal. View the Gallery Read the Story |
Inside the World's Largest High Rise Data Center A new 1 million square foot high-rise data center in an old Verizon switching building at 375 Pearl Street opened this week. Here is a view of some of its features -- in pictures. View the Gallery Read the Story |
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