Links you missed: Loophole for The Tax; banker wins age discrimination case

Depending upon your degree of inebriation, here's what you may have missed while the festivities were underway. Most notably, The Times reported on Boxing Day that a seemingly viable new way of avoiding The Bonus Tax was posted on the Revenue's website on Christmas Eve.

According to the new guidelines, stock based remuneration awarded between now and April 2010, which a) vests after April, and which b) isn't a contractual obligation won't now be subject to The Tax. As The Times points out, this seems to open the way for banks to award shares which are deferred until at least April, and which come with clawback provisions allowing suggesting they're not obligatory pay.

Separately, and equally interestingly, The Telegraph ran a story on the 29th about a 42 year old banker who failed in his attempt to bring a race discrimination claim against Canadian bank CIBC, but succeeded in bringing an age discrimination claim after an internal memo revealed the bank was looking for someone with a, "younger, entrepreneurial profile."

Morgan Stanley will be paying execs 25% cash and the rest in deferred stock. (Wall Street Journal)

JP Morgan has warned Alistair Darling it may scrap its new City HQ if politicians don't rein in attacks on the City. (Financial Times)

55m shared between 21 fund managers, 75 back office staff at Marshall Wace. (The Times)

Rothschild wants to move into private equity. (Financial Times)

Guy Hands wants the reinstatement of Glass Steagall. (DealBook)

Beware letters from Colin Nugent. (The Telegraph)