Big Hit Entertainment, the music label that represents the Korean boy band BTS, was expected by some to see record demand from individual investors in its IPO, but demand failed to match that for game developer Kakao Games. Read More WSJ.com: Markets...

The bank is buying fund manager Eaton Vance just days after completing its takeover of discount broker E*Trade Financial, continuing its shift away from trading toward steadier, simpler businesses like money management. Read More WSJ.com: Markets...