Week in review
Headlines for the financial PR community:
No such thing as bad publicity? Not so in the banking business. A few weeks ago, the Wall Street Journal revealed that banks were improperly charging clients for forex trades. Now, a new study shows that the costs doing forex business is dropping, ostensibly as a result of the media coverage and inquiries by states’ attorneys general.
Sadly noted. Peter McCue, the long-time head of crisis communications at Fleishman-Hillard passed away. I knew Peter and he will be missed by family, friends, the firm and a multitude of clients.
Paparazzi. I would be remiss to let this week pass without any reference to Charlie Sheen. While he hit more than a million followers on Twitter in fewer than 24 hours, the FT examines tensions between stars and the enterprises behind them and argues that CBS was right to give him his walking papers.