Lunchtime Links: Now family members are lambasting bankers too

If it's not enough that the government, the supermarket cashier, the school teacher, the barrister and the esoteric artist support the vilification of bankers, close family members appear to be getting on the game too.

In his testimony to the Treasury Select Committee today, RBS chief executive Stephen Hester, said he had been criticized by his family for his total remuneration and that his mother and father thought his earnings were "too high."

Separately, BusinessWeek is running an interesting article on the fact that (surprise, surprise) MBA students continue to want to work for Goldman Sachs. The bank is apparently seen as a, "solid firm with a track record of success," and has attracted the same level of applications this year as last year.

Buried deep in the BusinessWeek article is, however, a quote from one aspiring Goldmanite who says his family were aghast at his decision to go into banking: ""My family is like, 'Why would you want to work for an investment bank?'"

Dimon is 'tired' of the constant vilification over bonuses. (Reuters)

Hester says it's his duty to pay the "minimum bonuses we can get away with, consistent with motivating staff". (Financial News)

RBS recovery is ahead of plan. (Reuters)

John Crompton is quitting UKFI and (probably) returning to the City (The Times)

Collins Stewart will be offering a scheme on diversifying bonus lock ups. (Reuters)

France will raise €360m from its one off bonus tax. (AFP)

French bankers have more to complain about than rivals. (Financial Times)

Nomura transfers top Asian banker to the US in apparent effort to attract US bankers. (Financial Times)

If the Conservatives win the election, they may make the FSA a temporary unit of the BofE, before killing it off. (Bloomberg)