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Public Relations
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Latest Headlines
Goldman Sachs hiring former Treasury employee
Bloomberg reports that Goldman Sachs is in talks to hire Richard “Jake” Siewert Jr., a former counselor to U.S. Treasury Secretary Timothy F. Geithner, to manage the bank’s communications department.
This would appear to be a significant hiring, given Siewert’s impressive resume. This cert
Bank of America defends small business practices
Bank of America was put on the defensive by recent reports, notably in the Los Angeles Times , that it was unfairly tightening up credit for small businesses.
Bank of America calls the media reports "speculation," noting that it has "put in a maturity date and annual renewal process in line
Companies should consider appointing communications czar
In the middle of a crisis or a security incident, communications is often underappreciated. There is a lot of work to be done in this regard, such as communicating with employees, customers, regulators and other managers--not to mention the media and analysts.
So it may make sense to take a pa
Bank of America sends $30,000 in social security to wrong customer
When you're as big as Bank of America, you are going to suffer some customer service embarrassments. But sheer heft doesn't excuse egregious mistakes in the court of public opinion--or the court of law. Executives and managers alike must remain keen to the possibility of headline risk, which often
BlackRock hires Linda Robinson as PR chief
The financial crisis has underscored the need for firms to better monitor and control their PR risks. You could certainly quibble with Goldman Sachs' risk management as its crisis played out. All too often, the firm seemed to dig itself further into a hole with infelicitous executive comments and
Citigroup scandal in Indonesia
Citigroup ( NYSE: C ) has been bold in its determination to turn itself into a global power, as CEO Vikram Pandit often makes this point. Unfortunately, the bank has suffered a string of incidents that have resulted in bad press overseas, especially in Asia. In some cases, the issues are quite
Bank of America's head of marketing winning the brand wars
So, who does Bank of America CEO Brian Moynihan really report to? "Who are we kidding? We know that we all report to Anne," he quipped at a recent event in Boston. He was talking about Anne Finucane, the bank's global strategy and marketing officer.
Finucane has worked for Bank of America
Another profile critical of Jamie Dimon
We noted recently that the media have shifted its tone on JPMorgan Chase CEO Jamie Dimon. No longer the saint, he's now being written about for some perceived sins, fairly or not. The charges by Irving Picard, the trustee hunting down assets on behalf of Bernard Madoff's victims, against the bank
Jamie Dimon faces more criticism
When the financial crisis peaked, Jamie Dimon was held up by many as the man who benefited most from the crisis. While some banks imploded and others got into trouble, Dimon emerged as the go-to guy for regulators and top dog of Wall Street to the consternation of other bank executives.
But th
Criticism of Morgan Stanley CEO kicks up
Fox Business columnist Charlie Gasparino says this about Morgan Stanley's CEO James Gorman: "Without the more typical banker-trader-broker experience, some analysts worry whether Gorman thinks too much like a micro-managing technocrat, and not enough like a salesman, thus lacking the personal
