Monday's sale is Goldman's sixth and final sale of ICBC shares, a person close to the Wall Street bank said.
The report came as Wall Street bank Goldman Sachs announced that Mr Mittal had joined the firm's board as an independent director.
In corporate news, Goldman Sachs Group tacked on 6.8% after earnings and revenue slumped, though the Wall Street bank's profits topped lowered expectations.
Morgan Stanley's effort represents one of the first by a major Wall Street bank to challenge the private-equity giants that recently have dominated private fundraising in the real-estate world.
They continue that support as the President maintains not one, but several former Goldmann Saches executives who are one of the largest beneficiaries of the Wall Street Bank bailouts.
The news blog FT Alphaville got a hold of the defense filing Goldman Sach submitted last year when the Securities and Exchange Commission was investigating the complex securities transaction that is at the center of its fraud suit against the Wall Street bank.
The text messages had referred to the bank's losses through exposure to American International Group (AIG), the global insurance giant that was in effect taken over by the American government on September 16th, and Lehman Brothers, the Wall Street bank that collapsed a day earlier.
That is a spectacular long-shot bet, but heavy if more modest bets against the Wall Street investment bank have been piling on for days in the options world.
Movements like Occupy Wall Street and Bank Transfer Day are starting the conversation, but it needs to be continued with action from individual people, not just online interactions.
ECB's slowness, thinks Mark Wall of Deutsche Bank, is institutional.
Mr Mack, the former president of Morgan Stanley, was the driving force behind the 1997 merger between his aristocratic Wall Street investment bank and the distinctly proletarian Dean Witter brokerage.
They typically conduct their investment activity through a prime broker, which is often a team within a large Wall Street investment bank, such as Goldman Sachs and JP Morgan and Bank of America Merrill Lynch and Credit Suisse.
Louisiana State Attorney General Charles Foti is trying to force UBS, the Wall Street investment bank, to turn over vast quantities of information on its trading, stock lending and other activities related to shares of software firm Sedona .
While Mellon's 2.15% return on assets bests Bank of New York's 1.83%, Wall Street has rewarded Bank of New York more richly since 1998 for slightly better earnings growth.
Bank of America's reversal came just a month after The Wall Street Journal reported the bank was intending to levy the fee on some customers starting next year.
Morgan Stanley posted weaker first-quarter results as revenue from bond trading slid, but the investment bank exceeded Wall Street expectations.
So perhaps it was people in this group who recognized that the handwriting is on the wall for the job bank.
The report that's lit up Wall Street is that Bank of America is looking closely at Barclays PLC, the third-largest British bank.
"Right now every bank on Wall Street is running going-private models on the REIT sector, " says Thomas Flexner, senior managing director at Bear, Stearns.
Last time around, LTRO sparked a risk rally that took U.S. equities on a joy ride, with major Wall Street names like Bank of America, JPMorgan Chase, and Citigroup rallying.
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At this stage of the game, it's fairly apparent that not just CSFB but nearly every bank on Wall Street was giving favorable research coverage to nearly every company it brought public.
Major Wall Street names like Bank of America, JPMorgan Chase, Citigroup, and Wells Fargo were in positive territory, while the Dow was up more than 100 points by 2:24 PM in New York.
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The report that's lit up Wall Street is that Bank of America (nyse: BAC - news - people ) is looking closely at Barclays PLC (nyse: BCS - news - people ), the third-largest British bank.
Residential real estate markets remain severely depressed, as the lagging Case-Shiller indices suggest, while big Wall Street names like Bank of America and JPMorgan Chase continue to face litigation and other troubles related to their involvement in housing markets before the financial crisis.
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Bank of America was even weaker, losing 2.7% to lead the Dow decliners after The Wall Street Journal reported that the bank was willing to retreat from some parts of the country if its financial problems deepen.
The Wall Street Journal reports the bank will reclaim millions from those who led the group responsible for the multi-billion dollar trading loss, starting with the former head of its chief investment office, Ina Drew.
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Among other things, the bill led to a so-called "Chinese Wall" separating communication between investment bank research analysts and underwriters.
Among primary Wall Street competitors Morgan Stanley, Bank of America, Citigroup and JPMorgan, only Goldman Sachs is a net buyer of shares.
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