Confessions of a finance PR: Finance companies are led by people who aren’t tech savvy and will never be

This article is part of our Confessions series, in which we trade anonymity for candor to get an unvarnished look at the people, processes and problems inside the industry. More from the series →

It’s hard to tell what really goes on inside a bank. Contrary to what they would have you believe — that they’re breaking down silos and collaborating more externally — they’re still staunch guardians of their IP.

That’s where the PR comes in: If they’re to be believed, banks are hiring digital and tech talent and moving them all into the C-suite, they’re investing in startups, partnering with startups, testing new technologies, thinking about blockchains, opening APIs to third party financial firms, opening innovation labs.

In this installment of Confessions, in which we trade anonymity in exchange for honesty, we spoke with a PR professional whose agency handles communications for some of the largest and most recognizable financial services brands.

Read it on tearsheet.co

More in Marketing

Starbucks hires first-of-its-kind marketing role heading up fashion and beauty collabs

Neiv Toledano has joined Starbucks as its senior marketing manager of fashion and beauty.

The lead image shows an illustration of money with the TikTok logo in the center.

TikTok Shop offers incentives to new sellers, as U.S. uncertainty is finally over

TikTok is jump-starting its e-commerce ambitions in the U.S., now an agreement on the U.S. deal has finally been signed.

How the MAHA movement influenced food and beverage brands in 2025

The MAHA movement has come to stand for different things in different people’s eyes, depending on which initiatives they most closely follow.