Groupama sold its last stake in SocGen for EUR 517.8 million. French insurance company Groupe des Assurances Mutuelles Agricoles (Groupama) finally sold its remaining 1.

Mergers would enable Austrian regional banks to save money for a Volksbanken buy back. An official representing Austrian regional banks told newspaper Kurier that mergers would enable them to save money to help buy back Volksbanken AG.

The traditionally exclusive and sophisticated hedge fund investing market is now expected to be more open to the public through the partnership of Blackstone Group and Fidelity Investments, Reuters claimed.

Greece completed the sale of the 33% stake it held in OPAP SA to Emma Delta fund for EUR 652 million.

Italy's tax police determined that around $333.8 million of Salvatore Ligresti', his daughters' and the company executives' assets will have to be seized.

Mexico’s policies on making their oil and gas resources hands-off from private companies has lasted 75 years. They now intend to reform these laws, seeing a potential massive growth since its North American Free Trade Agreement (NAFTA) about twenty years ago.

President Barack Obama proposed the gradual elimination of Fannie Mae and Freddie Mac to speed up recovery in the housing sector.

Zachary Karabell asked if it really matters who the next chairman of the Federal Reserve will be. Zachary Karabell of Reuters posed the question, "Does it really matter who the next chair of the Federal Reserve is?" The query came as President Obama looks for Chairman Ben Bernanke's successor.

Industry observers cautioned bullish investors to thread carefully with Tesla stock. Although Tesla enjoys a surge in their stock prices, observers warned bullish investors to take precaution on trading decisions.

American Realty Capital Properties Inc (ARCP) announced its acquisition of forty properties worth USD 416.5 million.