Fifth Third controlling costs with automation
Fifth
Third
Bank
saved
$15
million
in
the
first
quarter,
partly
driven
by
deploying
automation
throughout
its
operations.
“Expenses
are
well
controlled
…
driven
by
savings
realized
through
process
automation
and
our
focus
on
value
streams,”
Chief
Executive
Tim
Spence
said
during
the
bank’s
first-quarter
earnings
today.
The
bank
reported
noninterest
expense,
which
includes
tech
[…]
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