Earnings roundup: Tech investments inconsistent amid economic uncertainty | Bank Automation News

Technology spend at banks varied during the fourth quarter of 2022 amid talk of a recession.  The $3 trillion Bank of America saw 8% growth in non-interest expenses in Q4 to $5.1 billion and $1.8 trillion Wells Fargo saw a 5% year-over-year increase in tech spend to $902 million contributing to the bank’s 23% increase […]