Saudi Aramco names lead bankers for mega float
Saudi Aramco has appointed JP Morgan, HSBC and Morgan Stanley as the lead underwriters for its planned initial public offering, set to be the largest listing ever, according to sources. (WSJ)

Icahn sets off Bristol-Myers sale rumours
The acquisition of an undisclosed stake in Bristol-Myers Squibb by activist investor Carl Icahn is fuelling speculations that the drug maker could soon be up for sale. Meanwhile, rival hedge fund Jana Partners has begun pushing for board changes to improve management oversight. (WSJ)