Lunchtime Links: Barclays Capital hiring even more people than initially thought

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Barclays Capital is well and truly hiring. According to the Financial Times today, it has ingested 450 people into its Asian and European cash equities business since Autumn and fully intends to hire another 300 people by the end of the year. News of the expanding expansion follows a report in the Independent earlier this week which quoted Bob Diamond as saying that the bank had hired 140 people in Europe since September and that it intends to hire another 100. If so, Asia looks set to be the beneficiary of most of the new hires.

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Restructuring hiring rush continues apace. (Wall Street Journal)

Ex- BNP and Ospraie commodity traders start a hedge fund. (Bloomberg)

Merrill's head of M&A is leaving. (Financial Times)

Member of Deutsche's management board joins FT Deutschland. (Bloomberg)

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Citigroup chair Dick Parsons says the Obama administration doesn't want to run the bank. Instead, the government just wants to tell Citi how to pay its staff.

(The Deal)

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Geithner to rein in derivatives. (CNN)

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BofE says banks may need more state aid. (Telegraph)

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S&P: Banking crisis could go on for another 3-4 years. (Clusterstock)

"I have guys coming in here saying, 'I don't want to look like a banker anymore.' (NY Times)

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