Norway's DNB shuts Singapore equity research office

Reuters, 8 May 2012
May 8 (Reuters) - Norwegian shipping and energy lender DNB will stop covering listed companies at its Singapore office and transfer equity research to Norway, in a move that has resulted in the departure of two analysts based in the city-state.
A third analyst, former head of research Kay Lim, will be redeployed to corporate finance, DNB told Reuters on Tuesday. Full story