Wells Fargo Ups Tech Spend 19% YoY | Bank Automation News

Wells Fargo focused on tech spend in the second quarter as headcount continued to shrink amid a push to reduce expenses. The $1.9 trillion bank’s tech spend rose 19% year over year to $947 million, and headcount dropped 4% YoY to 233,834, according to the bank’s earnings supplement.  “I think our focus on expenses really […]