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]