Spain's Banco Sabadell hires IBM for 1 billion euro IT upgrade
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MADRID (Reuters) - Spain's Banco Sabadell has hired IBM for a 1 billion euro (852.47 million pounds) overhaul of its IT systems over the next ten years, the companies said on Wednesday.The bank seeks to makes its computer systems leaner and more efficient to handle more data and transactions from customers´ mobile phones, said Miguel Montes, Sabadell´s director of operations and people.IBM is offering its hybrid cloud services developed by its recently acquired Red Hat unit, said Marta..