Lunchtime Links: The joy of being Jonathan Powell

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If all goes well with the latest attempt by former and current Dresdner bankers to retrieve allegedly unpaid bonuses from Commerzbank, Jonathan Powell, a senior FX options trader, could end up doing rather well.

At €1.7m, Financial News says Powell's claim is the most elevated of the lot. Unlike many of the other big claimants, has also been re-employed at Barclays Capital, and may therefore be assured of a large bonus from his current place of work.

Surprisingly, Financial News reveals that more than 20 of the new 72 Dresdner claimants are still employed by Commerzbank. For example, Clive Tucker, a Commerz interest rate derivatives trader, is seeking to claim €743k from his employer. Whether this will pay in the long run is open to question.

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