Unbeknownst to many, UBS was the financial backer of CP Group in its purchase of a stake in Ping An Insurance of China.

The issuance of the Barclays CoCo bonds defies critics and conventions. Barclays new CoCo bond has defied naysayers with its pricing for its ten-year-non-call five issue deemed hard to sell in the US market.

Deutsche Telekom board considering modifying offer on merger terms between T-Mobile USA and MetroPCS Communications.

CEO Ferraris of Versace is open to recommendations on possible capital investments or retention of family exclusivity for growth opportunities.

The BTS Rail Mass Transit Growth Infrastructure Fund is now worth US$2.13 billion after its IPO. BTS Group, the Bangkok SkyTrain operator has raised nearly US$2.

Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million. Provident New York Bancorp has announced its purchase of Sterling Bancorp through a stock deal amounting to US$344 million.

Cerberus Capital is now preparing to undertake an IPO of its German property assets. Private equity firm Cerberus Capital Management LP, led by Stephen Feinberg is now going full steam ahead with an initial public offering of its German retail property assets.

India, in order to raise funds to narrow the budget deficit, is selling off asset shareholdings in Indian corporations.

JinkoSolar obtains a RMB360 million loan facility from China Development Bank. The leading private venture solar power products manufacturer, JinkoSolar Holding Co Ltd announced the signing of a RMB360 million or US$58 million loan agreement with China Development Bank.

Billabong is currently priced at Aus$0.50, much lower than the estimated offer. Billabong International Ltd, the largest surf wear company in Australia, is being bidded out for as low as Aus$0.

Randstad purchases part of USG People's operations at Eur20 million. Randstad, the Dutch staffing firm has entered into an agreement to purchase part of USG People's European operations.

Bertelsmann would be selling off part of its shareholdings in the RTL Group for an estimated Eur1.5 billion.

France Telecom and Deutsche Telekom venture in the UK EE is planning strategic changes. EE, Britain's largest mobile operator, is now undertaking plans to prepare for its initial public offering.

Mitsui Corp, one of the world's leading chemical makers purchases Heraeus Dental for Eur450 million.

Michael Pausic, long time fixture at Maverick Capital would be establishing his own hedge fund. Michael Pausic of Maverick Capital manages media and telecommunications investments at the hedge fund.

The finalists for the bids for NFP are TPG and Madison Dearborn. The two final bidders for wealth management company National Financial Partners are private equity firms TPG Capital and Madison Dearborn Partners.

Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.

The government's promise to pay its outstanding bills was shelved after the caretaker government failed to sign into law the said measure.

Debt bonds with BBB Minus rating would be offered by BTG Pactual Group subsidiary BTG Investments. A subsidiary of BTG Pactual Group, BTG Investments is planning to sell off five year senior unsecured bonds by next week.

Clear Channel Outdoor shareholders agreed to a settlement for an improper loan causing significant loss to the parent company.

According to President and COO Gary Cohn, Brazil is the new frontier for growth for Goldman Sachs. In a bid to increase its base of corporate clients in Brazil and neighboring countries, Goldman Sachs President and COO Gary Cohn said that it would respond to increased demand for corporate loans, advisory services and structure financing in the country.

According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.

Paypal now not only looks after the online shopper, but also the online merchant. Paypal, eBay's online payment business already lends financing to its online shoppers.

Matthew Taylor admits to wire fraud in Goldman Sachs case filed against him. Former Goldman Sachs Group Inc trader Matthew M. Taylor entered a plea of guilty last Wednesday on charges of defrauding the Wall Street bank with unauthorized future trades back in 2007.

Samsung has entered into an agreement with Absolute Software to allow embedding of the technology into the Galaxy firmware.

Obagi's enterprise value increased as Valeant offered a higher share value price of US$24 per share.

Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.

Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.

Dish Network would offer senior notes amounting to US$2.3 billion, double its previous announcement.

DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.