Merger talks between law firms Simmons & Simmons and Watson Farley & Williams (WFW), which would have created a firm with almost 1,200 professionals, have collapsed.

The two UK-based firms decided by mutual agreement to call the deal off. The combined firm would have had revenues of over £200m (€315m).

Simmons & Simmons merger talks fall apart

Michael Hoare

BNP Paribas

JP Morgan Chase

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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