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Leading With Purpose and Vision


Jun 1, 2021
What does it mean to be a leader?
Being a leader is having a vision and a purpose that transcends just one person. A vision so inspired that others want to embrace it and adopt a purpose that drives us all toward a collective mission. I see my job as helping our team catch that vision, then inspiring and empowering the team to do what it takes to accomplish it.
These are probably not new ideas you could find some version in any Leadership 101 course. But what I really believe it takes to be a leader is to be so “sold” on the vision that failure is not an option. That’s part of why I work every day to create a leader-leader mentality. To me, this means that our team believes that the company’s vision is so worthwhile that they will dedicate every ounce of expertise and creativity to accomplish our goals. ....

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Regulator cracks the whip on short-sellers

ASIC has released a new information sheet outlining its expectations of activist short-sellers, which the regulator has accused of “unfairly distorting” share prices and damaging market integrity. ....

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reserve bank of india: RBI imposes Rs 10 crore penalty on HDFC Bank for irregularities in auto loan book

The regulator said that after receiving a complaint from a whistle blower it had conducted a examination in the marketing and sale of third-party non-financial products to the banks auto loan customers. The regulator said that it had found that the bank was in contravention of regulatory directions. ....

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Regulator limits marketing of wealth management products


Regulator limits marketing of wealth management products
By Jiang Xueqing |
chinadaily.com.cn |
Updated: 2021-05-28 13:33
An employee addresses queries on wealth management products from a customer at a China Minsheng Banking Corp branch in Taiyuan, capital of the Shanxi province. [Photo/Xinhua]
China issued new rules to strengthen the regulation of institutional sellers of wealth management products, requiring relevant financial institutions to take responsibilities for WMP sales and management, and shatter the assumption that risky investments carry implicit guarantees from the government and banks.
Without permission from financial regulators, non-financial institutions and individuals are not allowed to sell WMPs as agents, according to the interim measures for the administration of sales and management of wealth management companies WMPs, announced by the China Banking and Insurance Regulatory Commission on Thursday. ....

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