HSBC to invest in wealth, transaction banking technology
HSBC is restructuring the organization by leaving some geographic territories, investing in tech and — most recently — undergoing a ...
Tech saves Santander $53M in Q1
Santander Bank saved 50 million euros ($53.6 million) in the first quarter as the bank leaned into its tech investments ...
Fintech funding drops to four-year low in Q1
Fintech funding hit a four-year low in the first quarter of 2024, partly driven by the higher cost of capital ...
Q&A with Jack Henry’s Nicole Harper on financial literacy
Technology provider Jack Henry leans into its financial health training and offerings during April — Financial Literacy Month. Jack Henry’s ...
BNP Paribas, Deutsche Bank embrace cost discipline in Q1
European banks BNP Paribas and Deutsche Bank plan to pull back on expenses this year as they lean into their ...
Capital One waiting for regulatory approval of Discover acquisition
As it waits for regulators to approve its $35 billion acquisition of payments network Discover, Capital One is “fully mobilized ...
NatWest eyes simplification to cut costs
NatWest is driving its costs down by reducing branches, trimming headcount and simplifying operations. “We incurred higher severance, branch ...
IBM to acquire HashiCorp. Inc for $6.4B
IBM plans to acquire cloud services provider HashiCorp for $6.4 billion in cash. HashiCorp has expertise in deploying multi- and ...
Barclays targets $1.3B in cost savings in 2024
Barclays is looking to cut costs through structural changes as it seeks efficiencies in the face of falling profits. “We ...
Lloyds Bank’s operating costs up 11% YoY
Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in ...
