JPMorgan Chases Tech Spending To Flatten, CFO Says

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JPMorgan Chase’s Tech Spending to Flatten, CFO Says

JPMorgan Chase's technology spending is expected to level out moving forward as the bank modernizes and more processes are digitalized, CFO Marianne Lake said during the bank's first quarter earnings call today. The bank is currently spending about $11.5 billion on technology annually and employs about 50,000 IT workers. Lake said each dollar of spending ...Read More

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