BlackRock, the top money manager of the world, to hire 300 lawyers to monitor financial regulation all over the world.

Centaurus Capital goes private as it returns investor funds. Centaurus Capital, the hedge fund firm, is returning money to all its external investors after previous clashes on best revenue generating opportunities left them at odds.

UBS is facing calls from shareholders seeking to split the banking operations from wealth management operations.

Smith & Nephew to conduct share buyback programme for its shareholders. Smith & Nephew, the medical devices manufacturer, is now conducting a cash return program to its shareholders through a US$300 million repurchase program.

APTT seeking to raise funds to repurchase shares and pay off debts. Asian Pay Television Trust is planning to raise at least US$1. 1 billion in high yield securities to fund the purchase of the third largest cable television operator in Taiwan.

Berkshire Hathaway sells off around 1.75 million Moody's shares. Berkshire Hathaway Inc announced that it had sold off 6. 1% of its stake in Moody's Corp.

Cerberus Capital completes CIP V in the amount of US$2.61 billion. Cerberus Capital Management LP completed its fundraising activities for its latest private equity fund.

MNGV to build RM7 billion gas plant in Tanjung Langsat, Johor, Malaysia. Malaysian NGV Sdn Bhd will be building a RM7 billion or US$2. 30 billion regasification facility to be located in Johor, Malaysia.

Glass Lewis has advised Morgan Stanley shareholders that it should veto the executive pay plan proposed, as the compensation is not correlative to performance.

ING priced IPO below price range set but sold more shares at offer. The American subsidiary of Dutch Financial Services firm ING Group had priced its initial public offering at US$19.