Lunchtime-ish Links: RBS bankers look like being civil servants until 2020

After last week's good news for RBS bankers, here's some bad news:Vince Cable wants Lloyds and RBS to remain under state control for an entire decade in order that they can be obliged to, "support British business and the recovery."

Previously, Vince's opinions didn't matter, now they do. Former Deputy Bank of England Governor John Gieve makes the helpful observation that a hung parliament and anything to do with the Liberal Democrats would be bad for banks. Unfortunately, this is what seems to be coming soon.

Someone earning 175,000 could be 18,000 a year worse off in 2011 because of tax changes. (Telegraph)

Want to retire at 65? You'll need 600k. (Telegraph)

Lazard appears to be paying too much. (Bloomberg)

Nomura's getting ready to hire 20 equity researchers in the US. (Financial News)

Top European portfolio trader leaves Citi for Nomura. (FinAlternatives)

Morgan Stanley is opening an investment unit in Poland. (Bloomberg)

European M&A set for worst month in a decade. (Financial News)

Ackermann: Deutsche results remarkable given that, "the bank has significantly reduced its risk positions and cut its proprietary trading activities to a very low level" (Financial Times)

The choice faced by the French and German authorities in particular is to either bail out Greece or to bail out their own banks. (Alphaville)

Republican Senators vote down the US financial reform bill. (Telegraph)

Q&A: Why are swaps in focus for financial reform bill? (Reuters)

What the proposed restrictions on the OTC derivatives market would mean. (Lexology)

Deconstructing Blankfein's testimony for the Senate. (ZeroHedge)

Deconstructing Blankfein's testimony for the Senate II. (Pragmatic Capitalist)

What Fabrice T will be saying to the Senate. (Politico)

Goldman has approached its reputation crisis with a trader's aggression but without a trader's intelligence. (Self Evident)

Four more dubious emails from Goldman. (Wall St Journal)

Peer Steinbrueck doesn't know what a hedge fund is. (HedgeWeb)