Sources said Hilton Worldwide was preparing for a debt refinancing package worth USD 12 billion before its IPO next year.

Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.

The EU approves the joint venture to create a new mobile commerce venture in Spain. A new venture that focuses on the future of mobile commerce in Spain has been approved by the European Commission.

Two traders formerly employed by JP Morgan were charged by federal prosecutors relating to the bank's USD6.2 billion loss in the derivatives trade.

Incline Equity Partners said it was able to raise more than USD 301 million for its third fund. Incline Equity Partners (IEP) announced the successful closing of its third fund, which scored over USD 301 million in capital commitments.

Sources said that BC Partners Ltd would be holding its IPO a month earlier than originally planned. Sources told Financial News private equity company BC Partners Ltd (formerly Baring Capital Investors Ltd) was preparing its initial public offering (IPO) for its Foxtons Ltd shares this August.

Barclays Finance Director Chris Lucas left his post due to health reasons as the multinational bank preps for their GBP6 billion cash call.

India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.

Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.

Finland's pension fund and largest private investor Varma said it would be increasing its equities investments for the second quarter of 2013.