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Bloomberg

AI Talent War Spreads to Wall Street

Sunday, November 1, 2026


Quantitative trading firms are recruiting top scientists and researchers with compensation packages reaching $800,000 for first-year PhDs, according to Bloomberg Senior Markets Reporter Justina Lee. The firms are using fellowships, university sponsorships, and recruiting events to compete with AI companies for talent. Both sectors are offering equity and opportunities to work on advanced technology.

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