The Canadian Scotiabank increased its year-over-year tech spend by 9% to $372 million during the first quarter to support business growth as the bank adjusts to recent staff reductions and prepares for economic uncertainty in the year ahead. WHY IT MATTERS: The $1 trillion bank has committed itself to “purposeful capital allocation,” President and Chief […]
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- Source: https://bankautomationnews.com/allposts/retail/scotiabank-increases-tech-spend-9-in-q1/