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UPDATE 2-Goldman may trim ICBC stake - Wall St Journal
* Cutting stake by 15-20 pct may raise about $1 bln - WSJ
Reuters

Tech Banker Quits J.P. Morgan
J.P. Morgan Chase's global head of technology M&A has resigned, the latest example of a Wall Street banker leaving such a perch.
Wall Street Journal

How the Dow Jones industrials and other major stock indexes fared in Monday
(AP) - Wall Street got the news it wanted on the economy's biggest problems — banks and housing — and celebrated by hurtling the Dow Jones industrials up nearly 500 points. Investors a...
bignewsnetwork.com

Financials Climb on Wall Street Rally
Asian shares were higher Tuesday, with the Nikkei up 2.1% buoyed by a Wall Street rally on plans to detoxify banks of their soured loans.
Wall Street Journal

Financial sector leads charge on Wall Street
US stocks jumped on Monday, putting the benchmark S&P 500 index on course to close above 800 points for the first time in more than a month
Financial Times

WORLD FOREX: Euro, Higher-Yielding Units Rise On Stock Gains - Wall Street Journal
WORLD FOREX: Euro, Higher-Yielding Units Rise On Stock GainsWall Street JournalBy Andrew Monahan Of DOW JONES NEWSW IRES TOKYO (Dow Jones)--The euro surged against the yen to a fresh high of more than five months in Asia Tuesday as investors piled on to buy the common currency, which often tracks share price gains, with Japan's ...
Info 5000

Dow jumps as White House moves on bad bank assets
The Obama administration aimed squarely at the crisis clogging the nation's credit system Monday with a plan to take over up to $1 trillion in sour mortgage securities with the help of private investors. For once, Wall Street cheered. The announcement,...
SF Gate

Wall Street soars on bailout plan
Shares on Wall Street soar on news of the US government's plan to bail out troubled banks.
BBC

Fed, Treasury chief to get grilled on AIG
WASHINGTON (AP) -- The Federal Reserve's chairman and the secretary of the treasury are making a rare joint appearance at a congressional hearing, ostensibly to take a scolding over the handling of bonuses at AIG, the giant insurance company that has become the symbol of reckless risk-taking on Wall Street....
The Arizona Republic

US unveils $1tn toxic asset plan
The US Treasury unveils a bank bailout plan worth up to $1 trillion, triggering surges of 7% on key Wall Street share indices.
BBC

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