Interpublic Group defending its Bank of America advertising business

Interpublic Group is having to defend its $600m (£340m) Bank of America advertising business, after the company shortlisted WPP and Omnicom to pitch for the brief.

Interpublic Group is having to defend its $600m (&£340m) Bank of America advertising business, after the company shortlisted WPP and Omnicom to pitch for the brief. This follows reports that Bruce Nelson, the IPG executive vice-president who oversees the account, is leaving (Leader, page 19).