A recent report by UBS on bank's IT budgets outlined how much US banks are spending on technology.
JPMorgan and Bank of America were the two highest spenders, investing $11.4 billion and $10 billion, respectively.Big banks love to boast about their focus on innovation and installing cutting-edge technology. But how much is Wall Street really spending on IT?offered a breakdown of the investments large cap banks are putting towards their tech. The Swiss bank used a combination of conference transcripts, FactSet data and the banks own internal information to compile the chart.
It should come as no surprise that the biggest players in the space — JPMorgan, Bank of America, Citigroup and Wells Fargo — maintain the largest budgets.
Source: Tech Daily Report (techdailyreport.net)
And not one penny will make a difference, it’s all in vain.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taraji P. Henson wants Joe Biden to run for president: ‘Save us, save us, save us!’The 'Best of Enemies' actress also said she 'trusts' Bernie Sanders as a candidate because of his historic involvement in civil rights activism. Who and who cares Really ? And who is she
Source: washingtonpost - 🏆 95. / 72 Read more »
Best — and worst — U.S. airports for business travelers, according to new rankingThe ranking was based on flight delays and cancellations, airport lounges with Wi-Fi, proximity to downtown, parking rates and average hotel rates.
Source: USATODAY - 🏆 100. / 63 Read more »
Get Out! Jordan Peele's 'Us' shatters records with $70.3MCaptainMarvel tops $900M 👍😉 Slow new releases week. I bet it plunges next week. Instant classic.
Source: ABC - 🏆 471. / 51 Read more »
2 US service members killed in Afghanistansad Withdraw. From. Afghanistan.
Source: ABC - 🏆 471. / 51 Read more »
Two U.S. soldiers killed in Afghanistan, says the U.S.-led NATO coalitionThe U.S. service members, who were conducting an operation, were killed in action on Friday, according to a statement from Debra Richardson, a spokeswoman for the U.S.-led NATO coalition. There are no other details at present. Their deaths come as peace talks between the U.S. and the Taliban intensify. This is a developing story. It […] And neither one thanked the president! Tell the GOP (GRAND OLD PUTOS) they're still out there you idiots somebody out there find a red hat to step on I'm tired of looking for him they're not around here anymore 🐻 Seriously? How did this happen with a Boeing exec in charge?
Source: washingtonpost - 🏆 95. / 72 Read more »
Home | TheDream.US - TheDream.Ussoon to be minus 50% America should honor the dreamer scholarship program.
Source: BusinessInsider - 🏆 729. / 51 Read more »
17 Questions We Still Have For 'Us'How come Jason was (seemingly) able to control his doppelgänger? Some of these questions are stupid Leave them alone jamie__vargas sweet_tartttt aint we all wonderin
Source: BuzzFeed - 🏆 730. / 51 Read more »
Mnuchin says U.S. eyes productive trade meetings in ChinaU.S. Treasury Secretary Steven Mnuchin said on Thursday he and U.S. Trade Repres... Wow great reporting why do I NOT believe this guy It is necessary to drag the presidential election next year.
Source: Reuters - 🏆 2. / 97 Read more »
Opinion | Mueller Braced a Nation Under PressureOpinion: Mueller’s character and the strength of U.S legal institutions helped us endure the Russia test, writes BillGalston BillGalston Mueller is no hero. BillGalston Why is this in the past tense? BillGalston Maybe folks should read up on his handling of the anthrax investigation.
Source: WSJ - 🏆 98. / 63 Read more »
U.S. airlines sending teams to review Boeing 737 MAX upgrade this weekendThe three U.S. airlines that own Boeing Co's 737 MAX are meeting the U.S. m... When FAA is operating in low altitude mode, check the program for malfunction. The Airbus Airbus A330 had the same problem and was not grounded:
Source: Reuters - 🏆 2. / 97 Read more »