City & Corporate: The Week in City & Corporate

LCM selects Living PR; Western Coal Corp calls in Buchanan.

Louis Capital Markets (LCM), the international broker-dealer, has brought in Living PR as its first global retained agency. Hannah Gilmore, PR director, and Susan Tether, PR consultant, will manage the account. Established in New York in 1999 and London in 2003, LCM now boasts 1,000 institutional clients worldwide from five offices. Living will manage the next stage of its expansion and outreach to the UK, Europe, USA and Asia.

Western Coal Corp, an AIM-listed international coal producer, has handed its retained financial PR account to Buchanan. The firm is also listed on the Toronto Stock Exchange and has a £920m market cap with assets in Canada, USA and Wales, including the Aberpergwm mine. Buchanan won the account via a competitive pitch, emerging from a final two against FD. Buchanan now represents eight of the top 50 AIM companies by market cap.

Glitnir Bank has turned to Powerscourt for comms support around its $2bn legal claim against former Baugur chief Jon Asgeir Johannesson and other former directors and shareholders of the bank for fraud. The Icelandic bank, in the process of being wound up, has filed parallel legal actions in New York, Iceland and the UK.

EuroFinance, part of The Economist Group, has called in Cognito to promote its flagship cash and treasury management conference to be held in Geneva in October. EuroFinance is a global provider of conferences, training and research.

The National Association of Pension Funds has appointed Paul Platt as its head of media and PR. He was previously a senior press officer at the CBI.

- For breaking City news, check prweek.com/uk/city.

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