BNP Paribas, Deutsche Bank embrace cost discipline in Q1
BNP Paribas to reach recurring savings of $2.9B in 2024
European banks BNP Paribas and Deutsche Bank plan to pull back on expenses this year as they lean into their tech investments. “We are maintaining our cost discipline,” Deutsche Bank Chief Executive Christian Sewing said during the $578 billion bank’s first-quarter earnings call April 25. “2023 marked the peak of our investments, but we continue […]
