Despite talk of expanding technology budgets at private banks here in Asia, in the immediate short-term, IT budgets at banks worldwide are expected to dip by 2.4% this year to US$486.3 million, say Gartner analysts. The slowdown is driven by the rising US dollar and the slump in the BRIC markets, the report suggests. The global currency fluctuations have affected spending…
Global tech budgets to shrink by 2.4% in 2015
Have a confidential tip? Get in touch [email protected]


