Lunchtime Links: Markets braced for British banking woes

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After a sunny weekend, storm clouds are gathering for the week ahead, as UK's top banks prepare to reveal their first half results. Analysts are settled in the pessimists' camp...(Telegraph)

Private equity firm KKR set for public listing that could see it valued at $15bn.(Bloomberg)

Forget all your fancy fund management techniques, the best way to make money this year? Track the price of commodities (The Times). However, the outlook for commodities over the long term isn't quite so rosy. (Financial News)

Another senior banker leaves Barclays, this time to head up JPMorgan Cazenove. (FT Alphaville)

Wall Street bonuses are set to plummet by $10bn, which is bad news for the economy. (Clusterstock)

Marshall Wace is the latest hedge fund to set its sights on financials, poaching Amit Rajpal from Morgan Stanley for a new fund (FT). Meanwhile, the number of new hedge fund launches in 2008 reaches a six-year low. (FTfm)

UBS US fixed income head suspended amid state probe. (Reuters)

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