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I can't recall any major security lapses with online banking, which would seem to be fairly exceptional for a segment of the economy of its size. And, as far as
by KarlKemp 5y ago
I can't recall any major security lapses with online banking, which would seem to be fairly exceptional for a segment of the economy of its size. And, as far as I can tell, there is some pretty impressive technology being used in market operations (both secure & incredibly fast) as well as trading.
So, while I am sure it can often look like a comedy of errors from the inside, I'm less certain that it is worse than any other sector. Nor would I ascribe such problems on the tired scapegoat of MBAs: plenty of tech people have been promoted to management in the past, and if their results were obviously better, even the most corrupt country club management would have to change their ways at some point.