California-based peer-to-peer lending company Prosper Marketplace disclosed that it had received USD25 million in funding from investors including Sequoia Capital and BlackRock, Inc.

On Wednesday, the Swedish government said that it has sold the last of its holdings in regional bank Nordea AB for SEK21.6 billion or USD3.4 billion.

After the loss of equity due to S&P edict, Danske Bank issues a new bond to replace its 2037 issued bond.

Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.

Seth Klarman's Baupost Group, for only the second time, would return money to its clients. One of the largest hedge funds in the world, Seth Klarman's Baupost Group has nearly USD28 billion in its portfolio, had laid out plans to return money to its clients by the end of 2013.

Several top private equity firms had expressed in a convention that Africa would be seeing an influx of investments in the near future.

British specialist financial services group Close Brothers Group Plc experienced a 5% increase in its adjusted operating profit to GBP25.7 or USD41.2 million this year ended July 31.

Riverstone Holdings' energy investment company in the UK, Riverstone Energy Ltd, would be listing in the London bourse in late October.

ProAssurance Corp announced that it would be buying Eastern Insurance Holdings for USD 205 million. Alabama-based risk management company ProAssurance Corp said it would be purchasing Eastern Insurance Holdings.

The New York Federal Reserve Bank retains bond purchasing policy. The head of New York's Federal Reserve Bank said last Tuesday it would remain possible for the Federal Reserve would trim its bond purchases before the year's end.