Banking

Wells Fargo Ups Tech Spend 19% YoY

Wells Fargo concentrated on tech invest in the 2nd quarter as headcount continued to diminish amidst a push to minimize costs. The $1.9 trillion bank’s tech invest increased 19% year over year to $947 million, and headcount dropped 4% YoY to 233,834, according to the bank’s revenues supplement.  “I believe our concentrate on costs truly […]

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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