Citigroup Helps Scions Manage Their Allowances

Citigroup is helping the kids of its wealthiest clients to manage their allowances. The bank, Bloomberg News reported, is testing a Web site to let millionaires' children manage their money, while alerting parents and bankers when scions blow through cash too quickly.

Source: http://dealbook.nytimes.com/2010/08/13/citigroup-helps-scions-manage-their-allowances/?partner=rssnyt&emc=rss

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