As the UK and the US institute crowdfunding regulations, India is also drafting its own set of rules.

Lambert Private Equity would be purchasing up to USD 200 million of the common stock of Accelera Innovations.

The creation of the USD30 million seed-stage fund was to support entrepreneurs outside South Korea in their startups.

A First Tennessee Bank employee was injured in a Wednesday morning robbery. A Wednesday morning robbery at the First Tennessee Bank on East Brainerd Road injured an employee.

US-based Web lender Endurance Lending Network had consolidated with UK-based lender Funding Circle. Funding Circle, of which its platform allows peer-to-peer lending, had announced itds consolidation with Endurance Lending Network of San Francisco.

A total of USD37 million was raised by UK lender Funding Circle from investors led by Accel Partners.

Saudi Arabia borrowers hired HSBC to manage their debt and equity capital market deals. HSBC Holdings said borrowers in Saudi Arabia had obtained its banks services to manage several debt and equity capital market transactions.

Sources told Bloomberg that Singapore-based Oversea-Chinese Banking Corp was reviewing a bid for Hong Kong-based Wing Hang Bank.

The state pension fund of Massachusetts ranked the first in private equity investments, according to a report from the Private Equity Growth Capital Council.

Grupo Financiero Inbursa was in discussions with Standard Bank Group to buy the latter's Brazilian business, sources told Bloomberg.