Valley Financial institution cuts tech spend by 16% in Q1


Valley Financial institution is tightening spending however conserving an open thoughts towards investments that increase capabilities and ship measurable positive aspects. THE BIG PICTURE: The $62 billion financial institution right now reported first-quarter noninterest expense of $276.6 million, down 0.7% quarter over quarter and 1.3% 12 months over 12 months. Valley attributed the drop partially to reductions in expertise, furnishings […]



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