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World Economic Forum warns of economic turmoil and social upheaval. Ahead of annual WEF meeting in Davos, Global Risks 2012 report says the ‘seeds of dystopia’ are being sown.

Channel 4 has appointed Damon Lafford, currently head of trading at BSkyB’s Sky Media, as one of its two heads of agency sales, in the first major appointment of the new Channel 4 sales structure.

Honda stalwart Ian Armstrong is leaving the marque to join Jaguar in a global marketing role, as the luxury car manufacturer looks to strengthen its marketing capabilities.

Huawei, the Chinese telecoms giant, is boosting its marketing department with the appointment of Everything Everywhere’s Jill Styring as its first UK marketing director for devices.

NOMURA HOLDINGS

The Japanese investment bank said Jesse Bhattal would retire as head of its wholesale division and from his post as deputy president.

RBC CAPITAL MARKETS

The corporate and investment banking arm of Royal Bank of Canada named Marc Fleischman as head of hedge fund relationship management within the firm’s global trading client management group.

HSBC HOLDINGS PLC

The European bank named Stephen Bottomley as senior executive vice president and head of commercial banking for North America.

TOSCAFUND

High-profile banker Mehmet Dalman has left the hedge fund firm to focus on his other roles, including a directorship at ENRC, the Kazakh miner involved in a messy corporate governance fight last year.

HIGHLAND CAPITAL MANAGEMENT LP

The Dallas-based investment management firm named Brian Rice as managing director.

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