Late Lunchtime Links: Do you know Liz Locke, formerly of Deutsche Bank?
Liz Locke used to work at Deutsche Bank. She is now, apparently, expected to win the Apprentice.
Precisely what Liz used to do at Deutsche Bank is the source of controversy. On her BBC biography, Liz says she was a 'young, but experienced trader in investment banking.' The UK's tabloid press says she was actually a typist and data inputter. Liz's 'close friends' say she's completed, 'all her FSA exams and is hugely experienced in her field.' But the only Elizabeth Locke on the FSA register previously worked at UBS... Any elucidation would be appreciated.
Now JPMorgan's being investigated about Magnetar-related CDOs. (Bloomberg)
BofA Merrill Lynch has hired seven people for global treasury solutions. (Financial News)
RBS's other big name corporate finance hire is John Owen, former head of the diversified industrials group at Credit Suisse. (Financial News)
Carbon trading is probably coming to an end in the US. (Financial Times)
There's nothing wrong with securities lending. (Stock Lending Today)
A third of Britons are prepared to discuss their salary with friends and family. Telegraph)