Late Lunchtime Links: What senior bankers do when they retire prematurely - start a stall up the Kings Road

Running a market stall but may all seem a bit Iain Beale, but this probably isn't the case if it's up the Kings Road and you're selling olive oil produced on your very own Tuscan estate.

This, it transpires,

is what Huw Jenkins, former head of the investment banking unit at UBS, was up to in between leaving the bank in a ignominy in 2007 and joining Brazilian bank BTG Pactual earlier this year. According to the Financial News, Jenkins also spent some time hanging out at the London Business School as an executive in residence. Plus he appears to have done a bit of fishing in Wales.

Now he's back. According to Huw, what he missed most while he was away was all the travelling. Specifically, his biggest regret was not, "Flying around the world and meeting very interesting people who had a different perspective on the world than I did." Talking to olive oil purchasers up the Kings Road is evidently not the same.

Former top Unicredit investment banker may replace Oswald Grubel. (Wall Street Journal)

RBS will be making more redundancies next year. (Dealbreaker)

Banks will only pay bonuses early if Goldman goes first. (Dealbreaker)

How much better do you live with $2 billion than $50 million? (Dealbook)

US tax payers should make a $9.4bn profit on Citigroup. (WallStreetJournal)

"Bank of America, Citigroup and Morgan Stanley appear most at risk of being downgraded to Tier 2 status." (DealBook)

Bank assets as a percentage of GDP (Luxembourg=2,461%) (The Atlantic)

The recent sequence of reassurances from various eurozone policymakers suggests we are in the early, not latter, stages of the euro crisis. (Pragmatic Capitalist)

€90bn is a lot to take out of the Irish economy which has a present day GDP of €160bn. (NamaWineLake)

A quarter of financial services firms admitted that over the next few years they were likely to move parts of their organisation out of the UK. (Telegraph)

There are weird anti-terrorist cobblestones on Wall Street. (Observer)