Late Lunchtime Links: 48k new candidates chasing 27k new positions in London this year

Morgan McKinley's latest monthly stats are out today. As ever in recent times, they are immensely cheering: Morgan McKinley estimates that new financial services positions in the City of London were up 82% year on year in May 2010 compared to May 2009.

In total, Morgan McKinley thinks 27k new jobs were created in London between January and May. This is good news, even though Morgan McKinley also thinks there are 1.8 new candidates appearing for every new job created. New candidate numbers soared in April, after bonus cheques were cleared. They remained (surprisingly) high in May.

Source: Morgan McKinley

EU parliament proposals to cap bonuses at 100% of salaries are expected to be watered down by the Commission. (Telegraph)

Time to link banking pay to debt levels. (FT)

Credit Suisse has been hiring ex-London bankers in Australia. (Australian)

BofA traders told to limit the duration of their trades with BP. (Reuters)

Nomura has hired or transferred 44 senior bankers in America since the start of 2010. (WSJ)

BofA has hired an equity linked analyst from Barclays. (Bloomberg)

Lots of senior US energy bankers appear to be leaving Deutsche. (Bloomberg)

Blankfein says clients are standing behind Goldman. (WSJ)

Meredith Whitney wants an assistant. (Dealbreaker)

How middle class families pay 49% (or more) of their income in tax. (Telegraph)

"There's a lack of fulfilment out there. There's a feeling of helplessness and being stuck, especially among people in the first decade of their careers." (Globe and Mail)

Brown eyed men are bizarrely dominant. (Live Science)