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US Retail Banking Technology Business Update Q1 2009

Published by: Datamonitor

Published: Apr. 1, 2009 - 26 Pages


Table of Contents


Executive summary
Industry update
Highlights from the latest retail banking technology spending strategy survey
Key take-outs
Further reading
Contact

Abstract

Introduction

This brief looks at the key market developments announced in US retail banking during Q1 2009.

Scope
  • Datamonitor's Business Update highlights key findings from ongoing research into key market dynamics in US retail banking.
  • Provides results of 70 US retail banking technology spending strategy survey
Highlights

The industry continues to witness declining earnings and substantial losses

Technology investment spending will continue, although budgets are beginning to come under intense pressure.

Reasons to Purchase
  • Gain a comprehensive picture of the US retail banking market, the financial crisis developments and its impact on IT spending.
  • Understand the rescue activities performed by US government and the Fed to prevent the implosion of the banking industry.
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