SAN MATEO, California--Franklin Resources, one of the leading publicly traded mutual fund companies, saw its technology costs jump up to $45.9 million in the second quarter of its 1998 fiscal year, which ended March 31. In the same period a year earlier, the company spent $29.4 million.
To be sure, the rise in technology costs was not completely unexpected. Sell-side analysts who track the company's stock say management has alerted Wall Street to its technology spending. The chief culprits ar
IBM’s Kathryn Guarini and Bob Sutor look at how banks are currently experimenting with quantum computers.Subscribe to Weekly Wrap emails
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