Financial

Blame game in full swing on third day of Facebook trading

May 22, 2012

Facebook's share price dropped again on its third day as a public company, and there's plenty of blame to go around.
 

Wal-Mart loses top 'Fortune' 500 spot to ExxonMobil

May 07, 2012

After two years as No. 1 on the 'Fortune' 500 list, Wal-Mart has been pushed to the second spot, switching places with ExxonMobil.
 

Incapital hires CJP as AOR

May 02, 2012

NEW YORK: Securities and investment banking firm Incapital has retained CJP Communications as its PR AOR.
 

Creston expects 11% FY 2012 revenue increase

April 30, 2012

LONDON: Holding company Creston said Monday that it will report an 11% year-over-year revenue increase to $121.9 million for fiscal year 2012, with like-for like revenue growing "marginally ahead over the same period."
 

The PR Week - April 27, 2012

April 27, 2012

Steve Barrett, Frank Washkuch and Lindsay Stein discuss Wal-Mart's response to bribery allegations; Mountain Dew's new agency; staff change at PepsiCo; Penn State's selection of agencies; and earnings from IPG, Havas and Next Fifteen.
 

IPG PR revenue up 8.6% in Q1

April 26, 2012

NEW YORK: Interpublic Group's Constituency Management Group, which includes its PR firms, reported a first-quarter organic revenue increase of 8.6% to $262.9 million.
 

Havas posts 3.6% Q1 organic growth in North America

April 24, 2012

PUTEAUX, FRANCE: Havas reported 3.6% year-over-year first-quarter organic growth in North America.
 

The PR Week - April 20, 2012

April 20, 2012

Steve Barrett, Frank Washkuch and Lindsay Stein discuss KFC's new AOR; GE's veteran outreach; Publicis' and Omnicom's financial results; and public vs. personal brands on social media.
 

Accordion Partners picks BackBay as AOR

April 16, 2012

NEW YORK: Financial services firm Accordion Partners has named BackBay Communications its PR AOR.
 

Molle joins Rockland Trust as VP, PR manager

April 12, 2012

ROCKLAND, MA: Commercial bank Rockland Trust has appointed Ellen Molle VP and PR manager.
 

Financial services entities must view authenticity as a key asset

Tim Rumpler, imc2 April 01, 2012

Financial services seems like rocket science to common consumers.
 

New stakeholder demands fuel need for integrated reporting

April 01, 2012

More than 60 companies are testing a corporate reporting model that brings together financial and CSR into one integrated document.
 

Discover goes to school with money management lessons

April 01, 2012

At the start of February, Discover Financial Services began a five-year, $10 million journey to educate US high school students on money management.
 

Consumer trust in finance increases slightly: Edelman

March 13, 2012

NEW YORK: More consumers say they trust financial services institutions this year than was the case in 2011. However, the slight percentage increase still shows a high level of doubt about the industry, according to just-released findings from the 2012 Edelman Trust Barometer.
 

Wells Fargo hires Temple to lead lending comms

March 13, 2012

SAN FRANCISCO: Wells Fargo & Company has hired Jennifer Temple, EVP and GM of Hill+Knowlton Strategies' San Francisco office, as SVP and head of consumer lending communications. She will join the company on March 26.
 

Interpublic CMG Q4 earnings rise 11%

February 24, 2012

NEW YORK: Interpublic Group's Constituency Management Group (CMG) unit, which includes its PR firms, reported a fourth-quarter organic revenue increase of 11% to $321.1 million.
 

Taaffe strikes compelling deal to tell Groupon's story

February 10, 2012

It's been a very busy week at Chicago-based daily deals sensation Groupon.
 

LendingTree names Peppercom AOR

February 01, 2012

NEW YORK: LendingTree has hired Peppercom as its AOR with the goal of providing greater support for its consumer and financial communications.
 

KPMG appoints Oster comms chief

January 23, 2012

NEW YORK: KPMG has appointed Seth Oster CCO.
 

Credit to American Express for its "Shop Small" initiative

January 01, 2012

It's hard working in comms in the financial services sector. Between Dodd-Frank and #OWS, complications abound.
 

Prepare clients for an equity event

Jeannette Bitz, Engage PR December 09, 2011

'Tis the season for experts from seemingly every sector to look into their crystal balls and reveal their "predictions" for the upcoming year.
 

Federal court halts Citigroup settlement with SEC

November 28, 2011

Citigroup's $285 million settlement with the Securities and Exchange Commission (SEC) was thrown out by a New York federal judge Monday, citing limited facts and transparency as barriers.
 

The PR Week - November 4, 2011

November 04, 2011

Steve Barrett, Frank Washkuch and Danielle Drolet discuss comms around ITT's split into three entities; changes in Burson-Marsteller's senior management; Bank of America's cancellation of its debit card fees; and MDC Partners' financials.
 

The PR Week - October 21, 2011

October 21, 2011

Steve Barrett, Bernadette Casey and Rose Gordon discuss PRSA's 2011 International Conference; the new McDonald's TV channel; Omnicom, Next Fifteen and Publicis' financial results; and Occupy Wall Street.
 

Outreach scores well on S&P's priority list

Catherine Mathis, Standard & Poor's October 01, 2011

Standard & Poor's Ratings Services realized the need to do a better job of communicating what our ratings are, how they are determined, and how they had actually performed.
 

CMO Q&A: Priscilla Brown, Sun Life Financial (Extended)

October 01, 2011

Priscilla Brown, CMO of Sun Life Financial, speaks with Lindsay Stein about the company's PR strategies and the Rising Star Award program.
 

Buffett's communications advice: keep it simple

September 30, 2011

A few minutes before 9 am on Friday morning, I was maneuvering my way through the narrow streets and security barriers of the Financial District on my way to the floor of the New York Stock Exchange.
 

BackBay hired as AOR by iCapital

September 26, 2011

BOSTON: ICapital, an investment advisory firm, has selected BackBay Communications as AOR.
 

Lincoln Financial taps DePeau as CMO

September 20, 2011

RADNOR, PA: Jamie DePeau has been hired by Lincoln Financial Group as corporate CMO, where she will head up corporate communications and branding, effective immediately.
 

PR shops still playing catch-up on digital

September 01, 2011

With Omnicom, Interpublic Group, Publicis, Havas, and now WPP all having reported first-half trading figures for 2011, the financial results season is over and it is time to draw some conclusions.