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Breaking news

CEO cuts own salary by 90%… so that he can pay every worker $70,000

Clegg left in the shadows as presentation is hit by power cut – while Ukip launch their manifesto at same time.

Gatwick oil discovery: UKOG issues climbdown as black gold boom ‘sounds too good to be true’.

Key Miliband adviser pays no UK tax

Postman sparks bomb scare by landing gyrocopter on Capitol lawn.

Al Murray unveils his party’s manifesto on the back of a fag packet.

‘Paedophile’ Labour peer escapes prosecution after CPS mistakes

Morrisons to axe 720 head office jobs as new chief David Potts shifts strategy.

Suntory reviews ?100m media business.

Debenhams attributes 4% profit hike to sales promotion and online deliveries.

BBDO and OMD scoop global Bacardi task.

Ryanair joins Instagram four years after British Airways and EasyJet.

Bank of America Merrill Lynch has appointed Karim Movaghar to head its CEEMEA debt capital markets team and has hired Josh Presley from Credit Suisse to work on the syndicate desk, according to an internal memo seen by IFR.

JPMorgan Asset Management names Patrick Beuret country head for Switzerland.


The insurance and reinsurance broker said it had appointed Seth Peller global chief executive of its fine art, jewelry and specie division.


The company has enlisted Mike Duke, former chief executive of Wal-Mart Stores Inc, to the executive team that the asset management firm taps for advice on deals, the Wall Street Journal reported.


Cetera Advisors, part of RCS Capital Corp’s Cetera Financial Group, said on Wednesday that it added a two-broker registered independent adviser practice in Sandwich, Massachusetts. Led by advisers Joe Sullivan and Bill O’Brien, Comprehensive Strategies has about $140 million in advisory, brokerage and retirement plan-based client assets.


Ben Bernanke, former chairman of the U.S. Federal Reserve, has agreed to become a senior adviser at the $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday.



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