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HSBC ups tech spend 19% since 2019

Plans to invest in automation move forward

Whitney McDonaldbyWhitney McDonald
February 21, 2023
in All Posts
Reading Time: 3 mins read
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HSBC’s cost-reduction efforts have allowed the bank to up tech spend to improve workflow efficiency and customer experience. THE BIG PICTURE: The $3 trillion, London-based bank’s three-year cost reduction program, which has now ended, included the reduction of global corporate real estate, the branch network and operations headcount, Chief Executive Noel Quinn said during the […]

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Tags: Automationbank earningsEuropean bankingHSBCPremiumtech spend
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