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Monday's Headlines: Goldman's Strength in Bond Trading Diminishes

Goldman Sachs is losing its fixed-income trading edge as risk falls. Should the firm's high yield pros ready their resumes? [Bloomberg]

The Fed may reverse its stance on self-imposed treasury limits, Street strategists and dealers say. [Businessweek]

For $1, Industrial & Commercial Bank of China Ltd.China's largest lender, is buying the U.S.-based prime dealer services unit of Fortis Securities from BNP Paribas. The move underscores the strength of China's economy, as it enables ICBC to enter the underwriting securities field in the U.S. [WSJ]

Venture Capitalists' Confidence Springs Back in Silicon Valley.[Business Wire]

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AUTHORJudy Radler Cohen Insider Comment

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.