Lunchtime Links: Soon to be a civil servant

That is, at least, if you work for a UK bank. According to a (possibly sensationalist) article in today's Telegraph, there will only be two London listed banks left by the end of 2009: HSBC and Standard Chartered. All others will be part of the Great British State. Top civil servants can earn 220k a year, so there may not be too much to worry about on the compensation front, and pensions will be underwritten by the taxpayer. Paul Tucker is, unfortunately, resisting calls for nationalisation, however.

We'll all be civil servants soon (Capital Chronicle).

Overseas lenders shun UK banks (Alphaville).

Give yer bonus back Goodwin (Evening Standard).

Bob Diamond: World's worst banker? (The Times)

More trading losses to come at SocGen (Financial Times).

French bankers trade bonuses for bailouts (DealBook).

JPMorgan's new business line: storm proofing clients (Bloomberg).

Bonus watch: JPMorgan (Dealbreaker).

Bank chart du jour (Alphaville).

Happy times at Begbies Traynor (Telegraph).

Threadneedle hires someone (Financial News).

Credit Suisse transfers senior US banker to the Middle East (Financial News).

From banker to chalet maid (The Times).

Unsold cars clog storage depots (Guardian).