Lunchtime Links: FIG bankers are still hot

While everyone else is living in perpetual fear of random redundancy, FIG bankers are still enjoying team moves and furtive conversations with headhunters as if it were 2006. The progenitor of all this good cheer is, of course, Deutsche Bank, which despite wanting to play down its investment banking business, is spending liberally on FIG expertise. Fresh from hiring six Lehman FIG bankers last November, Deutsche has now hired another 12 of them from Bank of America. Three of these are brothers, two of them identical, and most used to work at Merrill Lynch and now appear to be rushing for the exits.

Associates allegedly being paid to quit at Morgan Stanley. (Dealbreaker)

Roger Jenkins allegedly being paid 30m for arranging Barclays' bailout. (Independent)

15m-20m of fees for Cazenove and Deutsche on Xstrata rights issue. (Alphaville)

Don't dis bonuses at JPMorgan. (Financial Times)

$500k pay limit for senior execs at tarp banks. (Reuters)

With less banks, the bonuses will get even larger (Fintag)

Trader monthly is dead. (Dealbreaker)

You're fired! But your outfit's great. (New York Times)

Spend at least one day a week wearing business clothes and going to talk to people. (The Times)

Mating season is over for alpha males of banking. (Bloomberg)

Man killed by exploding mobile phone (The Times)