UBS AG’s unit would open its first hedge fund focused on Asia later this year, according to two people who were familiar with the matter.

TCS Group Holding would be holding an IPO in London for its retail banking unit. TCS Group Holding Plc bared its plans to conduct an initial public offering in London for Tinkoff Credit Systems Bank.

Andy Halford, the Chief Financial Officer of Vodafone, would be leaving the firm by March next year.

The Federal Trade Commission said that Twitter's acquisition of MoPub would not be challenged by antitrust regulators.

Tesco Plc said that any deals that would take place in China would be funded through its new retail venture with China Resources Enterprise Ltd.

Fonciere des Regions bought a total number of 4,000 homes for EUR 351 million or USD 477 million. Paris-based Fonciere des Regions (FDR) purchased 4,000 homes in Germany for a total of EUR 351 million or USD 477 million.

According to a Reuters report, the value of bitcoins had decreased following the arrest of Silk Road, an underground website allegedly selling illegal products and services.

In documentation filed with the Company Law Board, two PE funds seek the appointment of an administrator to oversee the forensic audit for the company.

Barclays, through a statement, explained why accounts were frozen, maintaining minimum notice requirements were met in reaching out to customers.

Nykredit would be refinancing its DKK 11 billion debt through preferred stock issuance and contingent convertible debt.