Goldman tech spend up by 9% YoY | Bank Automation News

Goldman Sachs is looking to automation, technology and headcount reduction to streamline its operations.   The bank reported a 9% year-over-year increase in technology and communications spend to $482 million during the second quarter, while recording a 2% decrease in compensation and benefits to $3.6 billion, according to today’s earnings presentation. WHY IT MATTERS: Goldman stressed […]