The Wall Street firm is paying $196 mln for the UK boutique co-founded by Simon Robey. The danger in such transactions is that rainmakers leave. A six-year earnout helps, but for the buyer the upside ...

Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss and strategy in place, HSBC could use a diplomatic Asia expert happy to ...

Chinese internet firms are finally bringing their fierce rivalry to Hong Kong. The market is small. Yet the Asian hub ...

WeWork’s latest push for an initial public offering sounds a bit too familiar. The coworking space’s India affiliate is preparing for a Mumbai share sale. It has improved on the business model of its ...

The oilfield services giant will pay $13.6 bln to top a rival suitor for cryogenic-kit maker Chart. While costly, it aids a pivot to industrial gear from volatile oil exploration, opening access to ...

Low-wage workers face stagnant hiring and plummeting earnings growth while higher-paid employees command over 4% annual raises. Top-heavy consumer spending can float the economy for now, but the ...

Union Pacific’s $85 bln acquisition of Norfolk Southern would forge a coast-to-coast line, with touted boons for US ...

Shares in the $247 bln obesity drugmaker fell over 20% after it said sales would grow more slowly than expected. Competition ...

The EU made a vague promise to pump $600 bln into the United States as part of its tariff pact. Details are skimpy, but on ...

The $20 bln bank's run of decent results continued last quarter. But its stock lags both peers and the broader domestic market even as the country enters a new economic era. That's in part because CEO ...

Shares of $130 bln Tata Consultancy Services fell after it announced a plan to cut 2% of its 613,000 staff, double its usual rate. The tepid reaction of investors, however, underscores fears that ...

The Korean group has landed a much-needed contract to supply chips to Elon Musk's electric-car maker. It gives Samsung the chance to show its products can compete with TSMC. But its unprofitable ...