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Breaking News

ECB commercial chief attacks football deals as English cricket seeks sponsor.

Lucozade is calling time on its 20-year sponsorship of the Premier League, as the energy and sports-drink brand looks to shift its strategic focus toward research into nutrition-enhancing products.

Rory McIlroy could soon join Tiger Woods in the Nike stable in a deal thought to be worth £156m over 10 years.

Chinese car brand Qoros is planning to tackle the UK market in 2016 as part of a global launch programme that will begin next year.

Heinz innovation unit appoints former Muller man Lee Rolston.

Programme director Jeff Ford steps down from Channel 5.

MERRILL LYNCH
The company which is owned by Bank of America Corp said on Monday it hired veteran adviser Rebecca Rothstein and her 11-member team from rival brokerage Morgan Stanley Wealth Management.
She joins Merrill Lynch’s private banking and investments group, which caters to ultra-wealthy clients.

MOELIS & CO
The investment bank hired Paul Inouye, a Silicon Valley veteran, as a managing director in the technology investment banking group.
Inouye, who was formerly with Perella Weinberg Partners, is based at the firm’s new offices in Palo Alto, California.

DELOITTE FINANCIAL ADVISORY SERVICES LLP
Deloitte Financial Advisory Services has expanded its corporate restructuring group (Deloitte CRG), adding Scott Pinsonnault as a director, specializing in oil and gas companies and the broader energy sector. Pinsonnault earlier worked for a boutique restructuring firm.

STANDARD CHARTERED PLC
The bank appointed Sridhar Kanthadai as its regional head, transaction banking, North East Asia. Kanthadai was the managing director, head of treasury and trade solutions, Asia Pacific at Citi.

ABU DHABI INVESTMENT AUTHORITY
Abu Dhabi Investment Authority named Marc Keirstead as chief financial officer in its private equities department. Keirstead had served as director of investment finance at Canada Pension Plan Investment Board.

BAIRD INVESTMENT BANKING
Baird appointed Jonathan Bourn as managing director in its European investment banking team in London. Prior to joining Baird, Bourn was a partner at AAC Capital.

OLIVETREE FINANCIAL GROUP LTD
The brokerage and technology firm appointed David Bell as CEO of its US subsidiary, Olivetree USA, LLC. David joins Olivetree from Redburn Partners where he was CEO of its US business.

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