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Finance »

Evercore, Greenhill, Moelis and Lazard turned in most of the second quarter’s best M&A results. They were pretty close on financial performance, too. Yet their stocks trade on wildly different multiples.

Oil prices eased in Asia Wednesday as dealers stood on the sidelines awaiting the latest US stockpiles report for clues about demand in the world's top crude consumer, analysts said

China’s online money market funds deserve credit for offering savers the decent returns that banks cannot. But it is getting harder for the upstart industry to do so without piling on risk.

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