HSBC tech spend climbs to $6B in 2021

https://bankautomationnews.com/allposts/retail/hsbc-tech-spend-climbs-to-6b-in-2021/
https://bankautomationnews.com/wp-content/uploads/2022/02/canstockphoto1578189.jpg?#

HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased digital usage across its banking channels. “We’ve continued to invest heavily in technology, spending around $6 billion in 2021, which is equivalent to 19% of our adjusted operating expenses,” HSBC Group Chief Financial Officer Ewen […]

https://bankautomationnews.com/allposts/retail/hsbc-tech-spend-climbs-to-6b-in-2021/