Lunchtime-ish Links: That's the end of big hiring at Nomura too
Nomura may be losing all sorts of people in London, but it's finished adding significantly to its European headcount.
Bloomberg quotes CFO Masafumi Nakada as saying, "We have no plans to significantly increase headcount in Europe and will instead work to improve the quality of business."
The unfortunate news that European hiring is mostly over follows the addition of John Hyman from Morgan Stanley in London and the revelation that Nomura still intends to hire 60 investment bankers and 20 analysts in the US.
Nakada said that although the bank is losing people as it thought it might, it's also finding that, "talented people are joining us to fill the gap."
Nomura reports its first profit in 3 years. (Financial Times)
Nomura's compensation ratio has soared to 40%, from 23% in the year to March 2008. (Financial Times)
Goldman stock rose $549m after the Senate hearings. (Bloomberg)
Bove thinks Goldman stock will go to $200. (CNBC)
Goldman didn't just hurt its clients, it hurt everyone in the world. Take a moment right now to show us on the doll where Goldman touched you. (Dealbreaker)
The Lloyd face. (Gawker)
Fabulous had two girlfriends. (NY Post)
Blankfein acted like an elite athlete with impeccable composure. (Daily Beast)
Lloyd's post senate voicemail transcript. (WSJ)
The top six moments from Goldman's testimony. (Daily Beast)
Deutsche hasn't had any Wells notices. (Financial Times)
Morgan Stanley rehires former employee to lead its Russian business. (Financial News)
Bankers love Darling. (Financial Times)
Liberal Democrats would impose a 10% tax on bank profits until Glass Steagall style separation can be imposed. (Financial News)
The nasty relationship between financial services regulation and financial services pay. (BusinessInsider)
Several things it would have been good to know before I embarked on an MBA at LBS. (LBS MBA blog)
Blame poor office behaviour on your parents. (WSJ)