What Greg Smith said in his resignation letter about GS is not a surprise, is it? How many of you were ‘surprised’ at the tone or the content of that letter? Not sure how this is as a career move for him, but I guess it will work. He will be snapped up by many […]
I know one lady whose husband is a graduate working in the Gulf. Typically like every Gulf employee he too is paid better than say an India job, but you really cannot get RICH on a job as a clerk. So her get rich quick schemes have included collecting money for shady chit funds, shady […]
You talk to any HNI and he will tell you ‘OMG ..my relationship manager made me do this’…and then they start bashing the poor kid. The relationship manager in the bank is the foot soldier who meets the customer and tries to get revenue for the bank or brokerage house… What is his role (as […]
If you are associated with financial services you know ‘misselling’ is a major problem. So I decided to see how much of misselling happens in other products and is it as damaging. The answer is a resounding yes. The financial services sector has regulators (RBI, SEBI, IRDA) who at least make some noises about misselling. […]