Lunchtime Links: A lot of people want to leave BAML in the US; a lot of people are being made to leave Credit Suisse in London

As we've said, there appear to have been a few issues in Bank of America's sales and trading business recently. Normalised FICC revenues were down 91% year-on-year in the third quarter. William Wright at Financial News points out that of the 14 senior managers named in November 2008 to run BAML's markets division under Tom Montag, six have left the firm, four have moved internally, and only four are still in place.

In the circumstances, it may not seem surprising that people wish to work elsewhere. The Chicago Tribune has spoken to various recruiters in the US who report an influx of CVs from people trying to escape Bank of America. So far, however, headhunters in London say they have experienced nothing similar.

Elsewhere, it seems the persistent rumours about Credit Suisse decimating its senior fixed staff were true. Reuters reports that Credit Suisse is especially targeting its 'veterans.' Surprisingly, emerging markets fixed income appear particularly susceptible: Murali Krishna, who runs CEEMEA emerging markets sales, has apparently been identified for redundancy; so have Allok Bhalla, emerging markets deputy head, Anthony Mason, chief risk officer for emerging markets, and Stewart Whitehead, head of EMEA emerging markets flow credit trading.

Reuters says Credit Suisse is 75% of the way through the 2,000 redundancies it announced in July - more than we'd thought. Given that headcount in the investment bank increased by 300 people between June and September, this suggests it's also done a lot of hiring recently.

And in other news:

Swiss banking regulator FINMA said it expects UBS AG and Credit Suisse Group AG to pay out bonuses only on "true" profits, or those stripped of effects which flattered third-quarter earnings such as billion-franc accounting gains on their own debt. (Reuters)

Man Group was up 6% this morning. (Guardian)

The compensation ratio GLG investment managers is 66%; the compensation ratio at the rest of Man's business (including AHL) is 25%. (ManGroup)

Macquaire has closed part of its Hong Kong equity derivatives team and made 7 people redundant. (Bloomberg)

Bonuses and risk are not linked says the Nottingham University Business School. (MoneyScience)

Actually, US banks are massively exposed to Europe via CDS . (Bloomberg)

Antonio Horta-Osório's doctors have secured a place for him at a medical "facility". There will be "zero contact" with the bank during his leave of absence. (Financial Times)

Emperor Corzine donned the Goldman clothes and regarded himself in the mirror. His cloak looked threadbare and he thought he could spy his naked legs through the cloth. (Financial Times)

There is a shortfall of up to $700m in customer accounts at MF Global. (Bloomberg)

There are plans for a spinning class at Occupy Wall Street, once they have bike generators in place. (Bloomberg)

South Park on Occupy Wall Street. (Gawker)