Lunchtime Links: Protestors at St Paul's are being evicted; protestors at Finsbury Square are holding 'social dreaming' sessions

With the news full of nothing but redundancies, London's Occupy Camps provide a useful panacea to the gloom. Over at Finsbury Square, there is a full programme of events on today, as shown in the photograph of their schedule, below. Most notable: social dreaming in the early afternoon.

Anyone with free time might be interested in popping over there. Separately, the protestors at St. Paul's face eviction. Bailiffs have issued eviction notices asking them to leave by 6pm today.

More QE to pump up bankers' bonus pools. (Fintag)

Record plunge in Jefferies bonds says implied chance of default by 2019 is 65%. (ZeroHedge)

"It is not surprising that our bonds are under pressure after the assault on our company over the past two weeks," Jefferies CEO Richard Handler said yesterday in an e-mail. (Bloomberg)

Wessex Asset Management in the UK is closing three hedge funds. (Reuters)

All hedge fund strategies were below their high-water marks, as of October 31, according to the BoAMerrill Lynch's Hedge Fund Monitor. (Financial News)

There have now been nearly 200,000 job losses in financial services. (BusinessWeek)

Credit Suisse is cutting 268 jobs in New York. (Financial News)

"It feels like we've reached a tipping point and we're seeing a wave now," says Mark Brown, chief executive of Collins Stewart Hawkpoint. "It seems to me that 25-30% of capacity needs to come out." (Financial Times)

Ermotti's problem is that UBS has core Tier 1 capital of 33.1 billion francs and risk-weighted assets on a Basel III basis of 360 billion francs, implying a core Tier 1 ratio of 9.2%, according to Morgan Stanley estimates. The market believes UBS needs to hit the Swiss target of a Basel III core Tier 1 ratio of at least 13% by 2013. (Financial News)

Yesterday, Fitch issued a nasty report about US banks' European exposures and bank stocks plummeted. (Business Insider)

Are you a lady? (The Lady)