The FINANCIAL -- VTB Bank has provided members of the APEC Business Advisory Council with its concept and preliminary program of the 2012 APEC CEO Summit, which is to be held in Russia this September.

The FINANCIAL -- CFOs in Asia, excluding those in Japan, are positive about the regional economy but cautious on their view of the world economy.

tHE financial -- The World Bank Group at a workshop in Vienna last week brought together policy makers, experts, bankers and regulators from across Eastern Europe and Central Asia to address debt recovery and business insolvency in the region in an effort to increase access to finance for businesses and encourage economic growth.

The FINANCIAL -- Wells Fargo Bank, part of Wells Fargo & Company announced that it has entered into a definitive agreement to acquire the North American reserve- based and related diversified energy lending business of BNP Paribas .

The FINANCIAL -- UBS announced that it is issuing USD 2 billion of subordinated loss-absorbing non-dilutive notes.The notes, which will qualify as tier 2 capital under Basel III standards and have a maturity of 10 years with an optional call at year 5, will pay a non-deferrable coupon of 7.25%.