Want to Protect Your Wall Street Job From Robots? Learn How to Code

  • As Goldman promotes engineers, other firms explore training
  • Banking leaders ‘have a responsibility,’ BofA’s Bessant says

Goldman Sachs Group Inc. realized it had a problem.

For years, the investment bank recruited top coders to help its army of traders execute strategies with software, a role that’s becoming ever more important in a new era of automation. But the technology gurus seen as the future kept quitting while traditional traders stayed.