Banks also have a huge cost of supporting legacy systems in Cobol, SAS.. even some 'modern' systems in Java/Python are a huge mess. https://www.efinancialcaree

Banks also have a huge cost of supporting legacy systems in Cobol, SAS.. even some 'modern' systems in Java/Python are a huge mess. https://www.efinancialcareers.com/news/2021/02/jpmorgan-still-has-its-python-2-issue https://www.efinancialcareers.com/news/2021/02/jpmorgan-stil... They mostly talk about being tech companies but don't take the time to put in the required investments.