Lateish Lunchtime Links: FIG on fire; lack of sleep makes you ugly

FIG has been an area of hiring for some time. Today, it was given a fillip. The Bank for International Settlements calculated that banks need to raise €577bn to comply with new global regulatory standards and that 'Group 1' banks with over €3bn in capital will need an extra €177bn in common equity to meet absolute minimum standards.

Right on cue, Jefferies has been doing a spot of FIG hiring. Despite the proximity of bonus payments, it's achieved 8 new FIG bankers, 6 of whom are from BarCap (only 1 is in London). The bank says it has a global strategy to 'significantly expand' its presence in the FIG sector.

Separately, if you're thinking of surviving on five hours' sleep a night be aware that it will make people perceive you as both less healthy and less attractive. Not good, unless you're trying to put them off.

The financial services sector contributes 11.2pc of the total UK tax take (not including income taxes). (Telegraph)

Actually, Q4 is not looking good. (WSJ)

New York City comptroller thinks bonuses will be modestly up this year. (ZeroHedge)

Goldman's top Asian prop trader is raising money for a $1bn fund before he's even left Goldman. (Evening Standard)

The Eclectica Fund lost 8% for the calendar year 2009, when the average hedge fund gained almost 20%. (Financial News)

Societe Generale Corporate & Investment Banking has appointed Ian Martin and Johnny Bell to its Quantitative Electronic Services team. (Automated Trader)

AIB staff were called into unexpected meetings ahead of bailout and told bonuses were being brought forward. (Guardian)

Morgan Stanley's growing its Indian private bankers by 30%. (Bloomberg)

Banker parents trying to set up their own free school with public funds in Wandsworth. (Financial News)

There are women at Carlyle. (DealBook)