Lunchtime Links: ‘How many people do you need in a room to make the clash of birthdays more than even?’ and other questions used by BNP Paribas to find out whether you are a genius
Following in the footsteps of BarCap and Deutsche, BNP Paribas has become the latest bank to conceive a game that will inform you whether you might be good enough to work there.
BNP Paribas’s game is accessible here, through Facebook, and is ostensibly designed to elicit whether you are a genius. As defined, geniuses will be able to calculate the answer to the question above, as well as the amount of time it takes a snail climbing 1m a day to escape a 20m deep pit, and the number of days between the start of the UK and US fiscal years. There is a time limit for your responses.
Meanwhile:
Bruno Iksil is probably just hedging JPMorgan’s own DVA. (Soberlook)
UBS, Citigroup and Nomura are all making equity derivatives hires, especially for Delta One. (Financial News)
Roger Lawson, chairman of ShareSoc, said the size of bonuses at Barclays and other banks is "grossly excessive." (Telegraph)
With Barclays’ shares trading well below net asset value, investor group PIRC says Bob should receive no bonus. (Telegraph)
Top 10 economics courses favoured by employers. (Telegraph)
David Knox, former head of equity research headed at JPMorgan Cazenove, will start at Oriel as head of equities in June. (Telegraph)
Morgan Stanley can now clawback bonuses failure to appropriately supervise or manage an employee.” (Financial Times)
SocGen FIG banker Sébastien Domanico, has joined the ranks of those writing novels about the City. (Financial News)
Reech Alternative Investment Management has made half its staff redundant. (FinAlternatives)
After losing one third of its value last year, BlueGold Capital is closing down and returning all its money to investors. (FinAlternatives)
Marshall Wace awards a Nebuchadnezzar, equivalent to 20 bottles of champagne, to traders who do well on its alpha capture system, which measures the value of trading ideas. (The Times)
Paul Marshall's son is a pop star. (The Jazz Lawyer)
The son of God-fearing ex-UBS banker Ken Costa is a “glam folk” rocker. (Evening Standard)
This is Ken Costa's son's song. (YouTube)
And so is this. (YouTube)