Thursday, August 18News That Matters
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Tag: Manage

Gerard Houllier: ‘A fine decent man, destined to manage Liverpool’

Gerard Houllier: ‘A fine decent man, destined to manage Liverpool’

Sports
Gerard Houllier, who has died aged 73, may just have been destined to manage his beloved Liverpool Football Club.Houllier came to Anfield on a joint-management ticket with incumbent Roy Evans on 16 July 1998 - but the seeds of his arrival were sown 30 years earlier when he stood on the Kop watching Bill Shankly's great Liverpool side while teaching French at the nearby Alsop Comprehensive School.He deserves to be remembered as the man who had the strength of character and talent to revolutionise Liverpool, making them successful once more when he took sole control after the inevitably unworkable arranged marriage with Evans came to an end four months later.Houllier's arrival at Liverpool was the brainchild of the great Anfield administrator and chief executive Peter Robinson, through a fri...

Op-ed: Advisors can help clients manage their human capital

Finance
Vladimir Vladimirov | E+ | Getty ImagesThe role of a financial advisor can encompass areas that many people might not expect.The truth is a financial advisor is not just someone who helps with investments. Quite often, the job is to assist with every aspect of a client's financial life.Advisors use their expertise to create a personalized financial plan to help realize the client's goals. That same advisor also can leverage their skillset to work with a client to manage their human capital to earn income and build wealth.This is a key because human capital is essentially the future earning power a person has left in their career. I believe it is my responsibility to help clients maximize their human capital and plan for it so that its transition into financial capital is optimized.More fr...
RBI approves 3-member committee of directors to manage Lakshmi Vilas Bank

RBI approves 3-member committee of directors to manage Lakshmi Vilas Bank

Finance
Mumbai: The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank. The development comes a few days after its shareholders rejected the appointment of seven directors, including the Managing Director, Chief Executive Officer and auditors at the annual general meeting. The shareholders rejected the appointments a time when the private sector lender is facing a major financial crisis due to deterioration of asset quality and lack of capital. LVB is in dire need of capital and has been scrambling to find a buyer. The private lender is in talks with Clix Capital for a merger and secure the much-needed capital. In a statement issued late on Sunday, LVB said the RBI-approved three-member committee of d...
Financial advisors face new challenges in the way they manage workflow, communicate with co-workers and clients

Financial advisors face new challenges in the way they manage workflow, communicate with co-workers and clients

Finance
Ariel SkelleyLike everybody else in the country, David Yeske is getting a bit stir crazy.For the last eight weeks, the founder of registered investment advisor Yeske Buie has been managing his advisory practice and serving his roughly 500 clients from his home in San Francisco as the coronavirus has spread across the country.Yeske, a certified financial planner, is once again helping his clients cope with a black swan-like crisis to test even the most stoic investor temperaments."As is always the case in a crisis, we've dialed up our level of communication with clients — even more than in the Great Recession," said Yeske, whose staff of 15 are all working overtime from their own homes.This time around, the client calls are less about their investments and more about the general Covid-...
HDFC Bank, Mastercard, SAP Concor join hands to manage spending in corporate sector

HDFC Bank, Mastercard, SAP Concor join hands to manage spending in corporate sector

Finance
NEW DELHI: HDFC Bank, Mastercard and SAP Concur have joined hands for spending management services for the corporate sector. HDFC Bank will offer a corporate credit card for business travellers, providing a one-stop solution for payment and expense management during business trips, said a release on Tuesday. "The corporate credit card will enable seamless integration of all business-related spend into SAP Concur offerings, enhancing employee experience, increasing visibility, saving money, and improving corporate efficiency," it said. The card is supported by Mastercard. SAP Concur is a travel, expense, and invoice management solutions provider. Parag Rao, country head (payments business and marketing) of HDFC Bank, said, "Corporates can gain greater insights and control, while ensuring re...