AnalysisBusinessOctober 27, 2026

BNY CFO says bank is monitoring AI spend to avoid overspending

Read original source →bloomberg.com

BNY Global CFO Dermot McDonogh said he is monitoring the bank's AI spending to avoid overspending on related tools, in an interview with Bloomberg's Paul Allen and Haidi Stroud Watts. He also discussed the bank's growth and business strategy outlook.

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