RBC Reports 22% Increase in Technology Expenditures Year-over-Year
Royal Bank of Canada (RBC) recently reported a 22% increase in technology expenditures year-over-year. This is a significant jump in the amount of money that RBC is investing in technology, and it is indicative of the importance of technology in the modern business world. RBC has been investing heavily in technology for some time now, but this increase shows that the bank is continuing to prioritize technology investments. This is likely due to the fact that technology has become essential for businesses to remain competitive. In the banking industry, technology