Banking

HSBC to boost tech spend in 2024


HSBC plans to increase spending in 2024 as the bank invests in technology and its people.  Costs are expected to grow to $31.2 billion, up 5% compared to 2023 due to higher technology spend and an increase in staff compensation, according to the bank’s fourth-quarter 2023 earnings release.  HSBC plans to invest in technology for […]





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Business Asia
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