Report: IT Spending in Retail Banking Will Reach $152.5 Billion By 2018 March 31, 2014Back-end investment for compliance and investment in digital channels will drive strong growth in IT spending among North American banks, according to Ovum. Celent: Bank IT Spending Will Grow to Nearly $60 Billion This Year January 24, 2014Retail banking will drive IT spending this year, with improvements in digital channels and user experience a high priority for banks. Job Cuts, Regulation Push Bankers Toward Hedge Funds November 14, 2012The hedge fund industry is
expected to see a wave of new launches in the next year by
traders who have lost their jobs at investment banks or who have
left in search of better pay. Royal Bank of Canada Completes Acquisition of Global Investor Services Business July 27, 2012Dexia Investor Services Limited will be rebranded as RBC Investor Services.
Big Four Banks Expected to Post Profits For Second Quarter, Report Says July 16, 2012A new report by SNL Financial says that the "big four" banks will post modest profits for the second quarter despite unsure economic conditions. 2012 FinTech Innovation Lab Now Accepting Entries December 05, 2011The program, now in its second year, recognizes and helps develop new financial technology innovations. Bank of America Names CTO for Global Wealth and Investment Management and Shared Technology Infrastructure Executive May 18, 2011Bank of America names David Reilly CTO for Global Wealth and Investment Management and Shared Technology Infrastructure; former Morgan Stanley IT exec, will be accountable for designing, building and operating Bank of America's enterprise technology infras Microsoft and its Partners Express Optimism Around IT Investment February 25, 2011Innovation, differentiation of services and cloud computing are consistent themes with Microsoft's partners. Former Office of Management and Budget Director Orszag to Join Citi December 10, 2010Former Office of Management and Budget Director Peter Orszag to Join Citi as a Vice Chairman in Global Banking; will be a member of bank's Senior Strategic Advisory Group. J.P. Morgan Launches iPad Research App November 15, 2010Offers online and offline investment bank research via the iPad. Timothy Watson Joins Whitney as Director of Corporate Treasury July 16, 2009Timothy Watson joins Whitney as Director of Corporate Treasury; former BankAtlantic executive's responsibilities include oversight of $2 billion investment securities portfolio. USAA Offers iPhone App for Banking, Insurance and Securities May 14, 2009 I Bankers on Fast Track—to Teaching April 03, 2009Both the UK and US try to find new homes for investment bankers and others who have lost finance jobs. UMB Financial Hires Jackson as CTO March 25, 2009 Brian Moynihan Named Bank of America’s President of Global Banking and Global Wealth and Investment Management January 26, 2009 Institutions With Capital May Find Vendors in the Mood to Deal January 08, 2009Not every firm has been affected by the financial crisis in the same way, and those with the ability, will discover an attractive market for technology spending. Credit Crisis Reshapes Banking Landscape October 30, 2008All has changed, utterly changed, to paraphrase Yeats. Major mergers, a decline in consumer trust and the prospect of increased regulation are sure to influence banks' technology spending for the foreseeable future. Banks Eye Wealth Management Market December 23, 2007As baby boomers transition into retirement, the wealth management market is more promising than ever. To grab a piece of this lucrative opportunity, banks must deploy analytics to segment and identify the needs of consumers and develop customer-centric off Emerging Global Players Have the Resources To Transform the Banking Technology Business December 21, 2007Four emerging global "financial power brokers" -- oil-rich countries, Asian central banks, hedge gunds and private equity firms -- are becoming increasingly active in the financial services and business technology sectors, according to a new report by the /articles/i/ad3509/blogs/information-technology/state-of-the-engineer-immigrationthe-reactionary-side-of-engineering.htm October 26, 2007IT vendors to gain from the mass affluent hot spots.