The owners of The Telegraph Group, Sir David and Sir Fredrick Barclay, are Britain’s richest newspaper proprietors, while Sir Martin Sorrell is the wealthiest ad man, according to The Sunday Times Rich List 2012.
Lads’ mag Loaded is up for sale for the second time in two years after its owner, Vitality Publishing, fell into administration last week.
Communications agency Isobar has appointed Gavin Rooke and Marc Huijbregts to its London leadership team.
MEC has appointed Jonathan Edwards to the newly created role of data and technology services director.
Grand Parade, the agency led by former FHM and Rolling Stone editor Ed Needham, has created a new football betting magazine, Citibet, which will launch this Friday.
JPMorgan Chase named Jeff Urwin as its new chief executive Asia Pacific, taking over from Gaby Abdelnour who announced in March that he will be leaving the firm.
Urwin, who will move from New York to Hong Kong, will keep his current role as the firm’s head of global investment banking coverage, capital markets and mergers & acquisitions.
The bank has named Peter Paul Pardi as global head of distribution for its investment management business and will be based in London. Pardi has been executive director, global head of institutional investment placement for private equity firm Arcapita.
The insurer said one of its board members, Eduardo Castro-Wright, voluntarily resigned for personal reasons, from the MetLife board and Metropolitan Life Insurance Co.
FBR & CO
The investment banking company named head of investment banking James Neuhauser as executive vice president and chief investment officer. Kenneth Slosser will succeed Neuhauser.
The bank appointed four senior private bankers in Singapore. Tsukasa Miyachi has been named managing director and Erliena Yulianawati as director, both focusing on Indonesia market. Fumiko Omura has been appointed director focusing on clients across key markets, mainly in Southeast Asia.
Barclays appointed Eugene Huang to its Greater China team to focus on serving high net worth clients in the region.
The company bolstered its adviser base in Florida and Indiana with two veteran advisers — Richard Trotta and Doug Myers — from Morgan Stanley Smith Barney and Fifth Third Securities.
WILLIAM BLAIR & COMPANY
The global investment banking and asset management company appointed Mark Morehouse as managing director of its Infrastructure Investment Banking Group based in Michigan. Morehouse joins from Credit Suisse Securities, Chicago.
The Singapore-based bank appointed Boey Sohfern as head of global transaction services in Hong Kong. Boey joins DBS from HSBC where she headed the trade and supply chain business development in Hong Kong.
The bank appointed Seb Kafetz as senior vice president, insurance coverage. He will move to Lloyds’ New York office to spearhead its wholesale banking and markets’ insurance coverage division.
ERNST & YOUNG LLP
The audit firm named Mark Brown the director of IT risk and assurance practice in its London office. Brown joins Ernst & Young from SABMiller Plc, where he held the position of chief information security officer.
ALLIED IRISH BANKS
Allied Irish Banks has hired former Citigroup executive Peter Rossiter as chief risk officer, part of a restructuring drive after its effective nationalisation late last year.
PNC FINANCIAL SERVICES GROUP
The financial services company appointed William Demchak as president. Demchak was earlier the head of corporate & institutional banking.
PICTET ASSET MANAGEMENT
The asset manager appointed Luca Paolini as chief strategist. Paolini joins from Credit Suisse, where he was a director in the global equity strategy team. He will be based in London.
The global private equity firm said on Tuesday it has hired ex-JP Morgan banker Sally Shan as a managing director to head its new office in Beijing.
MORGAN JOSEPH TRIARTISAN LLC
The investment bank named Jo-Ku Tang a managing director and chief financial officer.
It also appointed Stephen Clarke Jr managing director in its industrial investment banking group. The company also promoted Michael Manocchio and Matthew McLeod as vice presidents.
The consulting firm named Hirander Misra its non-executive chairman and founding director of the company.