I wouldn't say exactly that, but I think there is a reason that many tech companies do invest in to office environments. I don't think employees really care about having all kinds of entertainment or "fun" at the office anymore, or ever did, which seems like the the banks in the article don't get (they are about 15 years behind as usual).

I do personally do care lot about the environments where I spend most of my time (my home, office, places I hang out). People are visual and many prefer nice and comforting environments over bad ones.

Imagine being a candidate and interviewing few companies. One company is low ceilings office space style place from the 80s, and other one is nicely designed one and see yourself coming there each work day. Each of them offer you about the same role and compensation, then which one do you choose? Obviously its probably never the main reason but can be a reason to tip someone over.