Wednesday's Headlines: Ivy League Athletes on the March to Wall Street

Ivy league athletes at schools are leveraging their alumni networks to land Wall Street jobs. See? networking's not just theory. [Bloomberg]

HSBC chief executive Michael Geoghegan is threatening to resign if he isn't named chairman at the bank. [Reuters]

Pension funds are criticizing the pay package given to new Barclay's chief Bob Diamond [Daily Mail]

The UK's Financial Services Authority must hire more than 100 people a month in order to hit recruiting targets. [WSJ]

Islamic lender Al Baraka is launching a $200 million bond sale to help fund its move into France. [Reuters]