JPMorgan is targeting Silicon Valley

JPMorgan chief operating officer Matt Zames is setting his sights on Silicon Valley.
In a letter titled "Redefining the Financial Services Industry" in JPMorgan's 328-page letter to shareholders, Zames ran through the bank's tech strategy.
Zames said attracting tech talent from Silicon Valley and technology firms is an integral component to that strategy. The letter said:
"Attracting, retaining and developing top technology talent is paramount, and we cast a net far and wide to fi