Tag: tech investment

Activity, Investment Banking

Citi bumps up its tech spend by 14%, CFO says

July 18, 2022

Via: Banking Dive

Investment in technology is becoming a key expense driver for the bank. Expenses overall increased 8% for Citi, and 3% of that spend was driven by “transformation investments,” Mason said, with two-thirds relating to risk, control, data and finance programs. […]