Lunchtime-ish Links: 11,910 people chasing 5,569 jobs in London; and fixed income bonuses expected to fall

Recruitment firm Morgan McKinley has produced it latest monthly digest of the financial services job market in the City. According to its reckonings, there were 5,569 new jobs to be had in London during April (100% more than last year), and 11,910 new candidates wanting to move into them. The figure for candidates doesn't include old candidates who've been waiting on the sidelines since 2008, trying to get back in.

Separately, Johnson Associates, the US pay consultancy has issued some predictions about bonuses this year. Most notably, it expects bonuses in fixed income to be stable-to-down-10%. This isn't promising, but may be inevitable after last year's strong performance means some people in FICC have ambitious targets to meet.

Johnson thinks bonuses in M&A will be up 0-5%, that bonuses in ECM will be up 5-10%, and that bonuses in equities sales and trading will be up 5-10% too.

Anshu Jain says the war for talent has heated up, making it hard for DB to seize market share. (Bloomberg)

Coalition agreement: We agree to bring forward detailed proposals for robust action to tackle unacceptable bonuses in the financial services sector. (Conservatives.com)

Vince Cable has been forced to let George Osborne take responsibility for reform of Britain's banks. (Guardian)

Emergency budget in 50 days will clarify bank bonus tax and new windfall tax. (Evening Standard)

The Lib Dems may appear to have sacrificed their most extreme pledges on bonuses - such as limiting cash bonuses to 2,000. (Financial Times)

The CDO prosecution bandwagon gathers more steam. (Felix Salmon)

The head of investor relations is leaving Brevan Howard. (Fin Alternatives)

Marshall Wace are the biggest contributors to the Liberal Democrats so the UK government is financed by Hedgies. (Fintag)

At the height of the mortgage boom, companies like Goldman offered million-dollar pay packages to poach people from ratings agencies. (NYTimes)

Barclays is opening Japanese equity trading operations this week. (Bloomberg)

Barclays has settled that dispute with the Singaporean headhunter. (Bloomberg)

RBS is counting on its investment bank to drive business and increase its share price. (WSJ)

RBS bankers are no longer compensated by how much they lend, but by how much other business they bring in. (Financial News)

Some people are becoming obsessed with tracking their net worth. (New York Times)

First mathematical model of cow behaviour. (Technology Review)