Scotiabank increases tech spend 9% in Q1

Scotiabank increases tech spend 9% in Q1

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The Canadian Scotiabank increased its year-over-year tech spend by 9% to $372 million during the first quarter to support business growth as the bank adjusts to recent staff reductions and prepares for economic uncertainty in the year ahead.  WHY IT MATTERS: The $1 trillion bank has committed itself to “purposeful capital allocation,” President and Chief […]

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