Regulators Sign Off on Morgan Stanley Taking Full Control of Smith Barney
The bank received approval to buy the remaining stake in its wealth management business Smith Barney from Citigroup.
Lending is Targeted to M&A, Not Capital Spending, Important Distinction Says JPMorgan CEO
In Maria Bartiromo’s exclusive interview with JPMorgan CEO Jamie Dimon he describes capital spending as “disappointing”.
Perella Weinberg Employee Lawsuits Pile Up
Investment banking titan Joseph Perella is under siege from disgruntled employees.
Report: Visa in Talks to Buy Former Subsidiary Visa Europe for up to $20 Billion
Visa is in preliminary talks to buy former subsidiary Visa Europe Ltd, in a deal that could be valued at up to $20 billion, Bloomberg reported, citing people with knowledge of the matter.
Stifel to Buy Legg Mason's Investment Advisory Unit
Stifel Financial has a deal in place to buy Legg Mason’s investment advisory business, a unit that manages more than $9 billion in assets.
TIAA-CREF Scores $6.3B Deal to Buy Nuveen Investments
TIAA-CREF said it will buy Nuveen Investments for $6.25 billion, including debt, in a deal that will make a money manager with $800 billion in assets under management.
H&R Block Optimistic Bank Sale Will Get Green Light
H&R Block has sold its banking unit to BofI Federal Bank, enabling the tax preparer to free up resources for core operations.
Report: GE Eyeing $2.75B Sale of Nordic Banking Unit
General Electric is reportedly exploring a sale of its Nordic money bank business that could fetch as much as $2.75 billion.
American Financial Buys Liberty's Workers Comp Group for $250M in Cash
Property and casualty insurer American Financial agreed to buy Liberty Mutual’s workers compensation business on Thursday for $250 million in cash.
AIG to Exit Aircraft Leasing Business in $5.4B Deal
AIG will sell its aircraft-leasing business to AerCap Holdings in a $5.4 billion deal, marking the insurer's exit from its last non-core business.
Booz & Co. Lands Buyout From Accounting Giant PwC
Accounting and consulting firm PricewaterhouseCoopers struck a deal to buy corporate consulting firm Booz & Co. to bulk up its advisory business.
EBay Shells Out $800M to Buy Payment Platform Braintree
EBay said it would buy payment platform Braintree for about $800 million in cash to add to its PayPal business.
Report: Roche Eyes $15B Financing Package to Acquire BioMarin
The U.S. drug maker's shares advanced only modestly as Roche denied having a need to raise cash.
Female Bankers Star in $130B Verizon Wireless Deal
Wall Street may still be dominated by men, but a pair of female bankers played key roles in the mega Verizon Wireless deal.
Report: NYSE Hires J.P. Morgan, Societe Generale to Run Euronext IPO
The Big Board owner has reportedly tapped two leading investment banks to run a possible IPO of its Euronext unit.
Report: Sony Hires Bankers to Explore Loeb's Partial Spinoff Plan
Sony rallied on a report that it has hired investment bankers to review a hedge-fund plan to sell part of its entertainment unit.
Report: Pfizer, Allergan Considering a Combination
Pfizer Inc and Allergan Plc are considering combining, the Wall Street Journal said on Wednesday.
Celgene to Buy Receptos for About $7.2 Billion
Celgene Corp. has reached a deal to buy fellow biopharmaceutical company Receptos Inc. for about $7.2 billion, enhancing its portfolio of immune-inflammatory disease treatments with the addition of Ozanimod.
General Electric Scoops Up Thermo Fisher Assets for $1.06B
The scientific and lab equipment maker will sell part of its business to GE Healthcare for about $1.06 billion.
Amgen Snags Onyx, Fleet of Oncology Drugs in $10.4B Deal
Amgen said over the weekend it would buy cancer drug maker Onyx Pharmaceuticals for about $10.4 billion in one of the biggest-ever biotech deals.
















