TD Bank to hire 2,000 technologists in automation, cloud and machine learning
TD Bank plans to hire more than 2,000 technologists in automation, cloud and machine learning this year as it continues ...
Tag: bank earnings
RBC says AI-trading platform gaining traction in ‘volatile times’
RBC is looking to its artificial intelligence electronic trading platform “Aiden” to steer global market clients through volatile times. RBC ...
HSBC tech spend climbs to $6B in 2021
HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased ...
Earnings roundup: Tech-related spend shoots up at PNC, State Street and BNY Mellon
PNC will continue to expand its automation efforts and IT spend in 2022, responding in part to the “Great Resignation,” ...
KeyBank grows loan originations with help from digital lending platform
KeyBank continues to reap dividends from its 2019 acquisition of online lending business Laurel Road, citing the transaction, along with ...
Citizens’ net income climbs nearly 120% YoY as digital portfolio expands
Citizens Financial Group reported net income of $2.3 billion for 2021, up 119% year over year, citing customer gains and ...
U.S. Bank: Technology investments expected to level off in 2022
Technology investment was a major point of focus for U.S. Bank’s fourth-quarter earnings report, but the bank expects investments to ...
Bank of America sees 79% YOY growth, credits digital channels
Bank of America largely credits digital banking, sales and services for its $31.9 billion in net income for 2021, a ...
Truist migrated 9 million clients to digital platform in 2021
Truist is headed for its final core conversion in February when heritage SunTrust clients will be migrated to the Truist ...
Wells Fargo to enhance mobile banking for consumers and small businesses
Wells Fargo will continue to drive its digital capabilities in 2022, building around an enhanced mobile banking suite and rapid ...
