Gatwick oil discovery: UKOG issues climbdown as black gold boom ‘sounds too good to be true’.
|Suntory reviews ?100m media business.
Debenhams attributes 4% profit hike to sales promotion and online deliveries.
BBDO and OMD scoop global Bacardi task.
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.
WILLIS GROUP HOLDINGS
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.
RCS CAPITAL CORP
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.
CITADEL INVESTMENT GROUP
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.