Lunchtime-ish Links: Several banks intend to double their headcount in Australia

While the world crumbles in the face of electoral stasis and high frequency trading, banks are at least hiring in Australia.

Bloomberg wrote earlier this week that Nomura plans to "double its headcount" in Australia over the next two years, to more than 50 from 30 currently. Moelis & Co is also thinking of doubling its Australian workforce. And Merrill Lynch is hiring vigorously in Australia too.

The enthusiasm for recruitment in Australia follows a recent report suggesting that the British will account for 23% of all the people working in Australia's financial services industry by the end of this year.

Default fears for Australian financials. (Business Insider)

Australia could be hit by Greek debt fallout. (Bloomberg)

What the hell just happened to the market? (The Atlantic)

Yesterday was a great day for risk management. (Hedgeye)

Blame the high frequency traders. (Alphaville)

More than 10 former City of London professionals have at this stage been elected into parliament. (Financial News)

What happened in New York last night is ultimately more important than what happened in the UK election. (Financial News)

500k fine for Malcolm Calvert. (Evening Standard)

FSA may ban Johnny Cameron for life. (Financial Times)

Goldman Sachs has met with the SEC to discuss a settlement. (WSJ)

David May, head of research at HSBC, is leaving - probably for RBC. (Financial News)

HSBC shares jump 8%. (FT)

UBS is still schooling its very own private bankers in Asia. (Bloomberg)

Big French banks appear to be making the most of cheap French interns. (Generation Precaire)

I shall pay 100% tax and work when ever I feel like it. If at all. (Fintag)

Jean Claude Trichet - why financiers really do have a valuable role to play in society. (ECB)