Tag: bank earnings

Citizens Financial continues to prioritize its technology enhancement initiative for the bank’s legacy infrastructure and platform updates in the year ...

Bank of America saw noninterest expenses increase year over year as employee and technology costs increased during the first quarter ...

JPMorgan Chase decreased technology, communications, and equipment expenses year over year during the first quarter of 2023, but an increase ...

Royal Bank of Canada’s (RBC) discretionary and tech-related expenses jumped 22% year over year to $190 million during the first ...

BMO Financial Group continued to enhance its digital strategy in the first quarter of 2023 via new digital card options, ...

The Canadian Scotiabank increased its year-over-year tech spend by 9% to $372 million during the first quarter to support business ...

HSBC’s cost-reduction efforts have allowed the bank to up tech spend to improve workflow efficiency and customer experience. THE BIG ...

Technology spend at banks varied during the fourth quarter of 2022 amid talk of a recession.  The $3 trillion Bank ...

Capital One reported higher technology-related expenses for the fourth quarter despite reducing its tech workforce as the company “continues to ...

Ally Financial is looking to capitalize on recent layoffs of tech talent to grow its own digital platforms despite potential ...