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Scotiabank will increase tech spend 9% in Q1

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Scotiabank will increase tech spend 9% in Q1


The Canadian Scotiabank elevated its year-over-year tech spend by 9% to $372 million through the first quarter to assist enterprise progress because the financial institution adjusts to current employees reductions and prepares for financial uncertainty within the 12 months forward.  WHY IT MATTERS: The $1 trillion financial institution has dedicated itself to “purposeful capital allocation,” President and Chief […]