Mergers and Acquisitions

Blackstone Group is spinning off its financial advisory business and combining it with financial advisory firm PJT Partners.

The initial public offering of OM Asset Management raised $308 million on Thursday, while shares of HubSpot climbed after its offering priced above expectations.

The investment bank Evercore Partners says it has an agreement to buy the International Strategy & Investment Group, a financial research firm.

Botox maker Allergan is suing a Canadian drugmaker and a hedge fund over their hostile takeover attempt, alleging insider trading and other fraud before their plan became public.

AOL offered to purchase BusinessInsider.com for more than $100 million but talks ultimately broke down when the two sides couldn’t agree on price, the FOX Business Network has learned.

RBS' 'bad bank' is part of a raft of measures designed to heal the bank's relationship with the British government and speed up privatization.

Just three years after acquiring Institutional Shareholder Services, MSCI said it may sell the influential proxy adviser. 

The bank received approval to buy the remaining stake in its wealth management business Smith Barney from Citigroup.

The bank received approval to buy the remaining stake in its wealth management business Smith Barney from Citigroup.

In Maria Bartiromo’s exclusive interview with JPMorgan CEO Jamie Dimon he describes capital spending as “disappointing”.

Investment banking titan Joseph Perella is under siege from disgruntled employees. 

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 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 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 has sold its banking unit to BofI Federal Bank, enabling the tax preparer to free up resources for core operations.

General Electric is reportedly exploring a sale of its Nordic money bank business that could fetch as much as $2.75 billion.

Property and casualty insurer American Financial agreed to buy Liberty Mutual’s workers compensation business on Thursday for $250 million in cash.

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.

Accounting and consulting firm PricewaterhouseCoopers struck a deal to buy corporate consulting firm Booz & Co. to bulk up its advisory business.

EBay said it would buy payment platform Braintree for about $800 million in cash to add to its PayPal business.