Grey and BBDO to pitch for HSBC global creative
Grey and BBDO are understood to be lining up against incumbent JWT for the £400m HSBC global creative account.
JWT was put on alert last week when HSBC called a review after eight years and it is understood that it could lead to HSBC appointing a roster of creative agencies to the business.
It is understood that JWT will be up against its sister WPP shop Grey as well as the BBDO network, led by Abbot Mead Vickers BBDO in the UK.
The successful agency or agencies are expected to work on a new strapline for the bank, which is yet to settle on a global strategy after deciding to scrap ‘the world’s local bank’.
When questioned about the agencies who are understood to be on the creative shortlist a spokeswoman for HSBC declined to comment further than the statement put out when the news of the review broke.
The HSBC spokeswoman said: "HSBC has begun a review of its strategic advertising and media partners, which is expected to conclude at the end of the first quarter of 2013.
"This closed review, in which participation is by invitation only, is not a creative ‘beauty parade’ and HSBC is not conducting any such pitch review. HSBC will not comment on the process of the review or the participants."
WPP won the creative and media global pitch for HSBC’s business in May 2004 with a "team HSBC" proposition, ending the bank's relationships with Interpublic’s Lowe and Publicis Groupe's ZenithOptimedia.
This article was first published on campaignlive.co.uk
- Deputy Creative Director - Integrated/shopper agency The Industry Club London Ltd £75,000, London (Greater)
- Customer Experience Manager - FMCG - West London Salt £50000 - £55000 per annum, London (West), London (Greater)
- Marketing Communication Executive Brand Recruitment £24000 - £27000 per annum, Suffolk
- Business Development, Account Manager Ultimate Asset £22000 - £25000 per annum, London (Central), London (Greater)
- Marketing Manager - 6 Month Contract - West London - Retail Ninesharp Negotiable, London (West), London (Greater)
- Virgin Holidays launches digital Caribbean push
- Yahoo appoints Marc Bignell as head of trading for the EMEA region
- Captain Morgan Facebook ad banned for suggesting alcohol conquers boredom
- McCann picked to resurrect Homepride's Fred
- Radio Times: 50 years of Doctor Who covers
- McDonald's marks 40 years with charity ad