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JPMorgan Chase grows tech spend, headcount in Q4

Tech spend increased 7% YoY to $2.4 billion in quarter

Whitney McDonaldbyWhitney McDonald
January 12, 2024
in Banking
Reading Time: 4 mins read
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JPMorgan Chase increased technology spend during the fourth quarter of 2023 as all lines of business across the bank invested in new products, features, customer platforms and overall modernization.   Total noninterest expense increased 29% year over year to $24.5 billion, according to JPMorgan’s Q4 2023 earnings supplement. Technology, communications and equipment expenses accounted for $2.4 […]

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Tags: earningsJPMorgan ChasePremiumtech spend
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