Technology spend up 5% at State Street

https://bankautomationnews.com/allposts/business-banking/technology-spend-up-5-at-state-street/
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State Street Bank spent $423 million on technology and communications in the first quarter, up 5% year over year but down 3% from the Q4 2021 as the Boston-based bank continues to focus on tech infrastructure. “Information systems and communication expenses were up 5% due to continued investment in our technology infrastructure resiliency,” Chief Financial […]

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