Truist, the combined BB&T-SunTrust bank, looks to defend its turf
BB&T isn’t worried about losing market share during its pending merger with SunTrust Banks to form Truist Financial, nor is ...
Tag: tech spend
BNY Mellon to increase tech spend as cost savings materialize
Bank of New York Mellon expects to continue pouring money into technology in search of efficiencies for the foreseeable future, ...
JPMorgan Chase’s Tech Spending to Flatten, CFO Says
JPMorgan Chase's technology spending is expected to level out moving forward as the bank modernizes and more processes are digitalized, ...
What Dimon’s Shareholder Letter Reveals About JPMorgan’s AI Approach
Jamie Dimon’s annual letter to shareholders, published this week, would indicate that if the JPMorgan Chase CEO wasn't a believer ...
Bank Boardrooms Are Increasingly Accepting of Technological Change
"Flexibility" is a commonly used term when it comes to innovation in banking and finance, but the typical bank boardroom ...
JPMorgan to Up Tech Spending as Higher Rates Boost Revenue
JPMorgan Chase & Co. said it expects to spend much of the windfall from higher interest rates on technology investments ...
Capital One Said to Buy Walmart Card Portfolio, Zero In on Digital Collaboration
Capital One Financial has reportedly acquired Walmart's card receivables, the bank's chairman and CEO, Richard Fairbank, said yesterday. Terms of the ...
Bank Execs Optimistic Tech Spend Will Yield Cost Savings, Eventually
Executives at the four big U.S. banks seem to be optimistic their technology and innovation investments will pay off in ...
