Citibank is ramping up its automation efforts and modernizing its platforms to maintain competitiveness and drive down costs. The $1.7 trillion bank increased its technology and communications spend 12% year-over-year in the second quarter to $2.3 billion, according to Citi’s earnings supplement.  Spending will continue to climb, Chief Financial Officer Mark Mason said during the […]



Source link

Previous articleSmall Businesses Embrace Customer Funding as Bank Lending Restrictions Grow Tighter
Next articleShell halts loadings of Nigeria’s Forcados crude due to apparent leak (NYSE:SHEL)

LEAVE A REPLY

Please enter your comment!
Please enter your name here