Blundering Aviva accidentally ‘sack’ 1,300 staff after forwarding goodbye email to everyone.
Facebook’s first quarter revenues rose by 41% year on year to $1.06bn (£656m) and active monthly user numbers rose significantly to more than 900 million.
Google has appointed Cristian Cussen, former Myspace director content and marketing, as its head of marketing for its social networking service, Google+ in Europe, Africa and the Middle East.
MEC has appointed Jonathan Edwards to the newly created role of data and technology services director.
Mars Chocolate UK has hired former Innocent chief Thomas Delabriere as marketing director for its Bitesize portfolio.
Muller Dairy has appointed Michael Inpong as its marketing director to lead the brand’s £30m marketing programme across its yoghurt portfolio, effective 30 April.
Citigroup has appointed Nadeem Lodhi as chief executive officer for its Pakistan business and the U.S. banking giant plans to focus more on corporate banking in the country, two sources aware of the matter said on Sunday.
The investment bank named Charles Lucas as the head of European equity capital markets. He joins from Royal Bank of Scotland, where he was responsible for leading its pan-European equity capital markets financial institutions group.
The Swiss bank said on Monday it hired the former head of Bank of America Corp’s buyout arm Jim Forbes to bolster its deals coverage. Forbes will join the bank on Monday as vice chairman at UBS Group Americas.
Simon Weller, a senior oil and gas banker at the Australian unit of UBS will leave the bank by the end of April, two sources with direct knowledge of the move said on Monday.
BMO CAPITAL MARKETS
The company, part of Canada’s BMO Financial Group, appointed Brian Belski as chief investment strategist.
THE DEPOSITORY TRUST & CLEARING CORPORATION
The privately held financial services company named Chief Operating Officer Michael Bodson as chief executive officer and president.
The Italian investment bank said Ennio Doris, head of asset management company Mediolanum, quit as a board member.
RELIGARE CAPITAL MARKETS LTD
The investment banking arm of India’s Religare Enterprises appointed Pawan Nahar as director of institutional sales. Nahar joins Religare from CLSA India and will be based in Mumbai.
The asset management company appointed Darius Berendji as chief financial officer and Cathy Jones as head of human resources.
It has also made three additional appointments — Hazel Vosper as head of risk and governance, Andrew Curtis as head of compliance and Darren Butt as director of project management and operations.
The subsidiary of Russia’s Sberbank appointed Erwin Parviz as deputy head of structured products. Erwin will join the company in its Moscow office. He joins Troika from Citigroup.
EDISON INVESTMENT RESEARCH
The investment research company made five appointments at its international coverage teams in London and Sydney.
In London, Anne Crow has been appointed as an industrials and technology analyst, Michael Stoner has been appointed to the mining team, and Arun George as an institutional analyst.
Simon Wilson and John Kidd have been appointed to Asia-Pacific coverage team.
ALVAREZ & MARSAL
The consulting firm appointed Matthew Hill as a managing director and head of the European real estate advisory services business. Hill joins A&M from AlixPartners.