Banking challenges: Focusing on compliance
A McKinsey report on global banking in 2023 has an important revelation. “One aspect of banking hasn’t changed: the price-to-book (P/B) ratio, which was at 0.9 in 2022. This measure has remained flat since the 2008 financial crisis,” it said.
Selling a House in Jersey: a Personal Story of Transaction Costs
A home inspector with hard hat surveys a house roof. Lopolo.Anyone who engages in business experiences transaction costs. Many of these costs are natural “frictions” in a world of imperfect knowledge, uncertainty, and scarcity. Governments, however, tend to multiply transaction
From ‘Taxachusetts’ to ‘City Upon a Hill’
A historic home along the Battle Road, a preserved route that follows revolutionary events in Lexington and Concord. 2020.A recent Wall Street Journal article quoted former New England Patriots Head Coach Bill Belichick commenting on the team’s struggles to recruit
Enterprise IoT transformation: join SECO’s latest webinar on September 17, 2024
Clea’s comprehensive approach to device and data orchestration SECO is pleased to announce a new webinar focused on Clea, its cutting edge IoT technology stack designed for efficient data and device management in IoT projects. This webinar offers an exclusive look at
HMRC dismissals for gross misconduct hit five-year high as 179 civil servants sacked
HM Revenue and Customs (HMRC) has sacked 179 employees for gross misconduct in 2024, the highest number in at least five years, according to data obtained through a freedom of information request. This represents a 43% increase from 2020 when 125