Lunchtime Links: Cantor and SG promise biggish hiring in the New Year
If you want a new job in 2010 and you work in fixed income, you could do worse than applying to Cantor. Financial News reports that it plans to hire another 100 people in London in 2010, particularly in fixed income. Separately, it says SG has quietly hired 15 senior M&A bankers this year, and fully intends to hire another 15-25 next year, as well as increasing the size of its FIG team and hiring in fixed income.
HSBC is building up in short term debt sales. (Financial News)
Barclays Capital is opening a full scale equities business in Australia. (Bloomberg)
RBS won't be deciding its bonuses until February. (Independent)
1,000 people have left RBS so far. (The Times)
Today is Robin Budenberg's first day at UKFI. (The Scotsman)
Michel Barnier says the City has nothing to fear from him: "Everyone needs to calm down and to take a deep breath." (The Times)
"Any approach other than the tax system to curb the greed of the multi-millionaire elite is futile." (Bloomberg)
Credit Suisse and Deutsche Bank might have to devote one-third of their profits to building up capital in order to meet new leverage rules (UBS would have to devote 82%). (Financial Times)
Laid off Wall Streeters rush to apply for low paid holiday jobs. (Clusterstock)
BofA Merrill bankers will be allowed to put the Merrill bull on their Christmas cards. (Financial News)
Neel Kashkari, TARP bureaucrat, is on tree-chopping detox. (Washington Post)
Iceland's economy shrank by 7.2% last quarter. (Bloomberg)
