earnings Archives

Ally Financial continues to invest in its digital capabilities as clients gravitate toward its online channels. “We’ve made significant investments ...

Goldman Sachs Group Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, June 28, 2024. Wall Street traders sent stocks toward fresh all-time highs as signs of inflation cooling reinforced bets the Federal Reserve will be able to start cutting interest rates this year. Photographer: Michael Nagle/Bloomberg

Goldman optimistic about AI financing

byVaidik Trivedi

July 15, 2024

Goldman Sachs is recognizing opportunities for AI-related financing activities as companies continue to adopt the technology. “Recently, our board of ...

BNY unifies tech solutions in Q2

byWhitney McDonald

July 15, 2024

BNY is unifying products and solutions on its platform to ensure its investment capabilities are readily available to clients in ...

Wells Fargo invests in branch tech

byWhitney McDonald

July 12, 2024

Wells Fargo is improving its customer experience with investments in branch technology and enhanced self-service options. “We continue to ...

Citi stays course on tech modernization, simplification

byWhitney McDonald

July 12, 2024

Citigroup’s multiyear modernization strategy saw progress in the second quarter as the bank’s tech investments proved more necessary after the ...

nCino on track to spend $110M on R&D this year

byVaidik Trivedi

May 31, 2024

Cloud-based fintech nCino aims to spend nearly $110 million on research and development for AI and digital banking tools this ...

Banks and investment firms have been less vocal about their climate efforts after Republicans have spent more than two years attacking the environmental, social and governance strategy that the finance industry embraced. Photographer: Chloe Ellingson/Bloomberg

BMO leans into cloud modernization, AI in Q2

byWhitney McDonald

May 29, 2024

BMO continued to deliver on its digital-first agenda during its fiscal second quarter 2024 with AI, data and overall modernization ...

Scotiabank reports rising digital banking adoption in Q2

byVaidik Trivedi

May 28, 2024

Scotiabank saw digital adoption among customers and its tech spend tick up during its fiscal second quarter 2024. The Toronto-based ...

The Toronto-Dominion bank headquarters in Toronto. Photographer: Chloe Ellingson/Bloomberg

Inside TD Bank’s gen AI pilots

byWhitney McDonald

May 23, 2024

TD Bank is exploring the use of generative AI within its institution through pilot programs. “Understanding how generative AI can ...

Nvidia Q1 data center revenue up 427%

byVaidik Trivedi

May 23, 2024

Nvidia’s data center revenue skyrocketed during its fiscal first quarter 2025 as companies look to the chip-making giant for AI ...

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Tag: earnings

Ally invests in data, analytics in Q2

Goldman optimistic about AI financing

BNY unifies tech solutions in Q2

Wells Fargo invests in branch tech

Citi stays course on tech modernization, simplification

nCino on track to spend $110M on R&D this year

BMO leans into cloud modernization, AI in Q2

Scotiabank reports rising digital banking adoption in Q2

Inside TD Bank’s gen AI pilots

Nvidia Q1 data center revenue up 427%

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