The deal continues a wave of consolidation among discount brokerages, which are facing declining trading volumes and low revenue growth.
The $56.50-a-share offer for 57.8% of Reynolds would create the world’s largest listed tobacco company by net sales and operating profit.
With bankruptcy looming, you could be looking at thousands, if not millions, of dollars of unpaid invoices, inventory, and work in process with no…
The state attorney general is investigating whether bank employees stole customers' identities when they created unauthorized accounts.
The answer isn't simple. Five banking experts share their views.
A draft proposal by three agencies seeks to boost cyber defenses and reduce the impact on the financial system of an attack.
The sale to Canadian private equity firm Onex Corp. will allow Supervalu to focus on its slower-growing grocery wholesale business.
China's largest insurer acquires a stake in a $2 billion portfolio of select-service hotels as it continues to step up its overseas investments.
There have been 344 insurance agency deals so far this year as low interest rates continue to drive the M&A market.
The firm's surprisingly strong third-quarter results were fueled by a 17% increase in revenue from its trading and investment-banking core.