Discover your dream Career
For Recruiters

Lunchtime Links: Shame, shame, shame of the LSE

Seven hours is a long time, particularly if you're a trader who wants to make money on market gyrations following the bailout of Fannie Mae and Freddie Mac. Traders, who were "incandescent with frustration", are being appeased with promises of an inquest (Evening Standard). The LSE stands accused of "the sort of antics that prevail in India". Conspiracy theorists have it that because the LSE stock price was falling so much, the exchange decided to stop traders from seeing the intraday prices (Fintag).

Great big enormous gargantuan job cuts still to come, says Meredith Whitney (Crains).

Korean regulator warns KDB against buying into Lehman (Telegraph).

Lehman focusing outside the US (Financial Times).

Lehman's stock down another 15% (DealBook).

Fuld frightening away Lehman buyers (Business Sheet).

Credit Suisse poised to seize the moment (Reuters).

When Goldman reports earnings on 16 September it won't be pretty (Wall Street Journal).

Banks' Asia businesses collapse. Roll up for redundancies (Clusterstock).

HSH Nordbank to cut leveraged finance jobs (Bloomberg).

Hedge fund poaches two of Merrill's finest (Reuters).

Hedge funds cut fees to keep clients (Wall Street Journal).

Hedge fund placement business opening in London (Finalternatives).

4.5m for Tim Shacklock (Evening Standard).

Someone loves Aleksy Vayner (Dealbreaker).

author-card-avatar
AUTHOReFinancialCareers UK Insider Comment

Sign up to Morning Coffee!

Coffee mug

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

Sign up to Morning Coffee!

Coffee mug

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