Equity News
Goldman Sachs sells ICBC shares
The US investment bank raises $1.9 billion by selling close to 20% of its stake at a 4.5% discount, just over a month after the lockup expired.




Equity News
Parkson sell-down raises $82.5 million
The controlling shareholder reduces its stake in the department store operator by 2% as the company's share price reaches levels not seen since last summer.


Financial Sponsors
Temasek becomes Olam's second-largest shareholder
The Singapore investment firm invests $305 million to take a 13.8% stake in commodities trader Olam.




Equity News
Unsponsored DRs multiply with newfound ease
An SEC rule change has created hundreds of new products for US investors to choose from, but not everyone is happy about being involved.


People Moves
Deutsche Bank hires equity research head for Korea
The Korean research team also gets a new vice-president and two new associates.