Banking
FIs trim headcount, tech spend up | Bank Automation News
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Major U.S. banks released fourth-quarter earnings over the past month showcasing that they looked to reduce costs – but not necessarily on tech spend as digital banking usership increased. JPMorgan saw its tech, communication and equipment expense spend jump 7% year over year to $2.4 billion. The New York-based bank’s headcount increased 6% YoY to […]
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Vaidik Trivedi
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