Professional Services Research and Consulting Services

  • *Robo-advisory seen surging to $900 bln AUM in China by 2020. Although still in its infancy, assets under management of robo-advisors in China are expected to balloon to 6 trillion yuan by 2020, according to China Merchants Securities estimates, underscoring the potential for growth in an industry that was non-existent until recently. Kearney estimates for...

  • *China tech M&A doubled to $68 bln last year. HONG KONG, Aug 18- When ride-hailing firm Didi Chuxing agreed to buy Uber Technologies Inc's China unit this month, creating a $35 billion business, both firms used in-house advisory teams, meaning the investment banks that normally advise on these deals missed out on an estimated $60 million in fees.

  • Aug 10- Wall Street bonuses are expected to decline this year for both bankers and traders, compensation consulting firm Johnson Associates Inc. said on Wednesday. Year-end compensation will down 5 to 15 percent for investment bankers that advise on mergers and acquisitions, according to the most widely followed report concerning compensation on Wall...

  • Aug 1- Carl Icahn's Icahn Enterprises LP said on Monday that the billionaire investor's son, Brett Icahn, and David Schechter were no longer co-managers of the Sargon Portfolio, and would instead stay on as consultants for now. Brett Icahn and Schechter have been co-managing the portfolio since April 2010 and Icahn Enterprises said Monday their co-manager...

  • LONDON, July 15- Investment bank revenues are likely to fall about 11 percent this year, due in part to uncertainty and lower client activity following Britain's surprise decision last month to leave the European Union, according to Boston Consulting Group. BCG said in a report released on Friday that revenues were likely to fall to $204 billion this year, down...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • June 23- Accenture Plc posted a better-than-expected 8.6 percent rise in quarterly net revenue, driven by demand for consulting services, particularly from customers in North America. Analysts on average had expected a profit of $1.41 per share and revenue of $8.34 billion. The net income attributable to Accenture rose to $897.2 million, or $1.41 per share, in...

  • BOSTON CONSULTING GROUP, PRICEWATERHOUSECOOPERS TO ADVISE ON RESTRUCTURING- DOS SANTOS.

  • NEW YORK, May 31- Michael Pearson, the former chief executive officer of Valeant Pharmaceuticals International, will receive a $9 million severance payment and agreed to a consulting agreement worth hundreds of thousands of dollars, according to a document filed with regulators. He can earn $83,333 a month this year as a consultant and next year, the company...

  • NEW YORK, May 31- Michael Pearson, the former chief executive officer of Valeant Pharmaceuticals International, has signed a consulting agreement with the drugmaker that will run through 2017 and pay him hundreds of thousands of dollars, according to the separation agreement filed with regulators. Pearson, who left Valeant on May 2 after a year in which it had...

  • NEW YORK, May 13- iHeartMedia Inc has brought in Millstein& Co, an additional restructuring advisory firm, to help it evaluate options for its debt, including buying some of it back, according to people familiar with the matter. Millstein& Co was founded in 2012 by Jim Millstein, who was the chief restructuring officer at the U.S. Department of the Treasury from 2009 to...

  • David Acheson, a former official at the U.S. Food and Drug Administration and the U.S. Department of Agriculture, was brought on as an adviser, Chipotle told Reuters. The company also confirmed it is working with David Theno, a food safety consultant and former Jack in the Box executive who is credited with fixing food safety at the fast-food chain following a...

  • NEW YORK, May 5- Lackluster U.S. corporate results spurred investors to pull $11.2 billion from U.S.-based stock funds in the past week, the largest seven-day outflow since January, Lipper said on Thursday. "Look at the bad earnings that came out on Microsoft, Apple, Intel," said Tom Roseen, head of research services for Lipper, a unit of Thomson Reuters Corp.

  • CARACAS, May 3- Venezuela's oil output may fall to average some 2.35 million barrels-per-day this year, as the South American OPEC country's cash crunch and shortages weigh on production, according to energy consulting firm IPD Latin America. That estimate is a whisker above the 2.53 million bpd Venezuela produced in the first quarter, according to OPEC...

  • CARACAS, May 3- Venezuela's oil output may fall to average some 2.35 million barrels-per-day this year, as the South American OPEC country's cash crunch and shortages weigh on production, according to energy consulting firm IPD Latin America. That estimate is a whisker above the 2.53 million bpd Venezuela produced in the first quarter, according to OPEC...

  • Online banking is disrupting the traditional retail model of bank branches

    Europe's business leaders may recognise the need to evolve to take on the disruptors, but they're not moving quickly enough, experts warn.

  • SoulCycle's IPO ahead after fast expansion

    Discussing SoulCycle's upcoming IPO, and just how much value this company has, with Kathleen Smith, Renaissance Capital co-founder