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 ...