Lunchtime Links: Nomura wants another 50 fixed income bankers before the end of December
Nomura has reaffirmed its participation in the fixed income hiring clique. According to Financial News, it's already hired 200 people across European and US fixed income since April, and wants 50 more before the end of the year. From a European perspective, however, there's a distinct danger that many of the additions will happen in the US, where Nomura bank had 900 fixed income staff at the end of June, and wants 1,200 by March.
Hoare Capital has hired 10 credit salespeople. (City AM)
Credit Suisse has hired a senior M&A banker (Angus Kerr) from HSBC. (Financial News)
Tom King, the now former head of corporate and investment banking and capital markets for EMEA, is (probably) joining BarCap. (Bloomberg)
BarCap to launch a funds unit in Russia. (Wall Street Journal)
IOD says Walker pay proposals are too rigid. (The Times)
Alistair Darling urging pre-election bonus restraint, may want to delay bonuses at RBS and Lloyds until June. (The Times)
"I think the top cadres in the banking industry are [still] paid far, far too much. They are over-rewarded for the skills they have, and the reason this is allowed to continue is inadequate stewardship by the owners of the business." (Guardian)
200,000 fewer tube journeys a day after banking redundancies. (Guardian)
""t's the culmination of a 50-year campaign to reverse the results of World War II, which saw the Anglo-Saxon system triumph over the European system. They are very close to reversing it, increasing the power of bureaucrats over markets." (Bloomberg)
From Wall Street trader to ice cream man. (Dealbreaker)
Mr Murphy was a "high earner" in the banking world until 2004 when he was made redundant and he has not had a paid job since. (The Times)
Alan Howard wears old cardigans to reduce the risk of being kidnapped by terrorists. (The Times)