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Citigroup touts 5,500 more tech workers, increased tech spend in 2021

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Citigroup added 5,500 technology workers and increased its tech spend 10% to about $10 billion in 2021. The $2.9 trillion bank reported $3.3 billion in net income for the fourth quarter of 2021, down from $4.3 billion in Q4 2020. Tech and communications spending reached $2.1 billion in Q4, a 3% year-over-year increase and 4% […]

Source: https://bankautomationnews.com/allposts/citigroup-touts-5500-more-tech-workers-increased-tech-spend-in-2021/

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