Late Lunchtime Links: Equities hiring still seems very hot; rumours of big pay at Jefferies

According to analysts at Nomura, 'clean' equities revenues fell by an average of 45% quarter-on-quarter and 38% year-on-year across JPMorgan, Bank of America and Citigroup.

This doesn't appear to be discouraging equities-related hiring.

Financial News reports that Berenberg Bank, Germany's oldest private bank, wants to hire 25 equity research and sales people in London. During last week's conference call, Citigroup identified equities as an area of growth. And now Jefferies has announced four equity research hires in London and five equity sales and research hires in the US.

We also have it on very good authority that Jefferies is bringing on a senior equities programme trader from UBS in the US, to be based in London. "He's been hired on big package," claims one headhunter. "I'd say $2m plus."

Talk about Asia and headhunters get a crazy glint in their eyes. (Financial Times)

UKFI has hired the ex-head of BofA Merrill's international corporate finance and restructuring group. (WSJ)

Goldman Sachs is set to pay as much as 45% of its 2010 revenues to its staff. (Telegraph)

Greece, Spain, France and Italy have all denied Goldman a lead role in their recent sovereign bond sales. (Guardian)

Goldman will also be paying Fabrice Tourre's legal fees. (Independent)

How one Goldman partner ran short of cash. (NY Times)

The model many banks have adopted in response to the financial crisis is already under threat. (Financial News)

Tom King has a lot of work on his hands. (Financial News)

Deutsche Bank's corporate finance unit is doing better than expected. (Bloomberg)

Bank of Ireland wants 750 job cuts over the next two years. (Bloomberg)

There is a sense that JPMorgan's official decision making has moved back to the US. (Financial News)

Successful commodities trader started out as a motorcycle despatch rider. (Telegraph)

Top five things I have seen analysts screw up. (Wall Street Oasis)