When a Buffalo Bank Sneezes, the World Catches a Cold: M&T’s Online Meltdown as Global Parable
From the glass-walled war room of a Zurich data-center to a tin-roofed cyber-café in Lagos, the planet’s collective banking neurosis found its newest poster child this week: M&T Bank’s online platform. For roughly thirty-six hours, customers from Buffalo to Boca Raton discovered that their checking balances had all the reliability of a Kremlin press release….