FIs trim headcount, tech spend up | Bank Automation News

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 […]