Heatwave on its way in time for holidays. After months of bad weather, temperatures are set to soar to the high 80s – just as millions leave the country for foreign destinations.
Starcom MediaVest Group (SMG) has appointed Gill Huber to the position of marketing and communications director of SMG London.
Initiative has appointed both Steve Henderson, client director at Mindshare, and Tania Harwood, business director at OMD UK, as business directors, replacing Simon Kennett and Sean Pattison respectively.
Reveal, the celebrity weekly magazine published by Hearst, has launched its first website, which has attracted advertising from Gap.
Apple ordered to run ads stating Samsung did not rip-off iPad.
Google’s Q2 profits climb 11.2% to $2.79bn.
Publicis Groupe has reported a 19.6% rise in first-half pre-tax profits to €384m (£300m), despite the loss of the General Motors (GM) media contract and a slowdown in organic growth.
The investment bank appointed Morgan Stanley’s David Hammond as managing director and global head of metals and mining in its Global Industrials Group, according to an internal memo seen by Reuters.
Hammond has spent his entire career to date at Morgan Stanley, joining in 1997.
ALVAREZ & MARSAL
The global professional services firm named Shane McGriff, an expert in regulatory matters within the financial services sector, as a managing director based in Atlanta.
Prior to A&M, McGriff developed and launched a global bank risk consulting practice on advanced risk analytics, enterprise information management and compliance.
STANDARD CHARTERED PLC
The bank appointed Richard Jaggard as the head of transaction banking, Europe. Before joining Standard Chartered, Jaggard worked for HSBC Holdings Plc as head of sales for global payments and cash Management, Asia Pacific.
FIRST BEVERAGE GROUP
The financial services firm dedicated exclusively to the beverage industry, said James Bareuther, the former chief operating officer of Brown-Forman Corp, has joined its board of directors.
The investment arm of indebted state-owned conglomerate Dubai World appointed Hamza Mustafa its new chief executive officer. Prior to this, Mustafa was the head of the company’s real estate operations.
Former chief executive of Mizuho Securities Asia Ltd, John Paul Armenio, has joined Hong Kong-based hedge fund start-up Expedition Advisors as a managing partner.
PRAMERICA REAL ESTATE INVESTORS
The real estate investment management and advisory business of Prudential Financial Inc has named Alfonso Munk chief investment officer for its Latin America business. Before joining the company, Munk was a managing director with Morgan Stanley Real Estate Investing.