Shock slowdown in UK growth as GDP contracts 0.3 percent.
The Sun on Sunday has lost around one million in sales since its launch five weeks ago, according to unofficial figures from rival newspapers.
Wieden+Kennedy Amsterdam has promoted Clay Mills, head of business development and group account director on its global Heineken business, to the role of managing director.
Johnny Vaughan, the former Capital Radio breakfast host, is to join Absolute Radio to present a two-hour evening show during the 2012 London Olympic Games.
RAYMOND JAMES FINANCIAL INC
The investment bank and brokerage has expanded its adviser base in Arizona, adding a veteran Wall Street broker who most recently worked at Morgan Stanley Smith Barney, where he managed $200 million in client assets.
JPMORGAN CHASE & CO
The Wall Street bank said its board had nominated Timothy Flynn, retired chairman of KPMG International, for election as a director at the bank’s May 15 annual shareholders meeting.
KOHLBERG KRAVIS ROBERTS & CO
John Mack, whose aggressiveness and affinity for cost cutting as chief executive at Morgan Stanley and Credit Suisse earned him the nickname “Mack the Knife” on Wall Street, has become the latest industry grandee to join Kohlberg Kravis Roberts & Co as a senior adviser.
HIGHTOWER ADVISORS LLC
HighTower Advisors LLC, a broker-owned wealth manager that has grown by hiring from top U.S. brokerages, has landed a veteran Merrill Lynch adviser who managed $200 million in client assets.
Adviser Charles Holt joined HighTower’s Pagnato-Karp group on Friday after more than two decades at Merrill Lynch, the brokerage now owned by Bank of America.
BENJAMIN F. EDWARDS & CO
The boutique brokerage with family ties to the old A.G. Edwards & Sons, said on Monday it added three former Wells Fargo advisers in Ohio, opening its second branch in the state.
The bank holding company appointed Steve McConahey to its Board of Directors. McConahey is the co-founder of Gate Capital, a private equity investment firm.
TSG CONSUMER PARTNERS
The investment company appointed managing director James O’Hara as its president.
The online brokerage appointed Michael Klena as its chief executive. He was previously employed with E*Trade Financial.
The company appointed Win Robbins to its Board of Trustee directors. Robbins was previously employed with Barclays Global Investors and Credit Suisse Asset Management.
MATCHPOINT INVESTMENT FUND
The hedge fund appointed its Chief Financial Officer Ken Chuen as its chief operating officer.