and Happy New year folks!!

May all your dreams come true!!

CITI never sleeps

Yet another time CITI’s Risk management system came to light…thanks to Mr.Puri..forget about the different numbers quoted.. but few questions are still unanswered..
1) How the family member’s account are allowed to be opened in the same branch and allowed to be managed by the same guy?
2) what’s the daily monitoring limit for fund inflows/outflows in a branch? ( years ago, my good old Branch manager used to monitor every single transactions more than 50K.. salute Mr.Krishnadas..)
3) Is there anything called Chinese walls or maker-checker concepts followed in the world’s biggest bank?
4)Did any of the Brokerage firms reported the unusual fund flows till last month?

Even though the FM brushed aside, any serious incident in the system, the worrying part is the effectiveness of the KYC system, and how bad it is monitored as just another customary paperwork…

neverthless, i can’t stop wondering at the simplest of financial innovation by a fellow Indian, challenging the Ponzi’s of western world and why none of the client’s affected lodged a complaint??

whatever said, poor fellow wealth managers will now be scrutinized more and will be meeting those suspicious eyes of customers nation wide…

and Micro blogging too!

The bird has bugged us too… follow us on twitter @capital_money

Back in Business!

With more professionals joining hands with us, We are happy launching our website ( www.capitalmoney.in) and relaunching our business, with a more sanguine model…

CapitalMoney- Lets add wings to our dreams!