Mar
16

Trump Adviser Gary Cohn to Sell Stake in Chinese Bank Giant

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Gary D. Cohn, now the director of the National Economic Council, at Trump Tower in January.CreditHilary Swift for The New York Times

The White House economic adviser Gary D. Cohn is selling a significant holding in the world’s largest bank — which happens to be in China — as he clears potential conflicts of interest to serve in his new role.

The stock that Mr. Cohn is selling is in the Industrial and Commercial Bank of China, which with nearly $3.5 trillion in assets is the biggest on the planet, and it would be valued at about $16 million based on Thursday’s trading, according to details of his holdings in a set of documents issued by the Office of Government Ethics…

Trump Adviser Gary Cohn to Sell Stake in Chinese Bank Giant

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