Write-Offs: 01.22.13

$$$ RBS speeds up investment arm split [Telegraph]

$$$ How much value does the finance industry create? [Noahpinion]

$$$ Leverage can increase volatility and diversification can reduce risk [WSJ]

$$$ Why London hedge fund wives don’t do Switzerland [EFC]

$$$ Cheese fire causes traffic meltdown in Norway tunnel [Reuters]

$$$ Registration for the 5th annual Decathlon starts today! This year’s competition takes place on July 28th, and also includes monthly “Throw Downs” where all registered Decathletes compete in 1-2 Decathlon events and collect charity bets on head-to-head match-ups (40 yard dash! Pull-ups! Bench press!). All proceeds benefit the Memorial Sloan-Kettering Cancer Center.

$$$ A hedge fund in New York is looking for a quantitative macro strategist/economist [DBCC]

$$$ Wells Fargo Lifts Quarterly Dividend 14% [FBN]

$$$ Deutsche Bank Said to Be Asked by Bafin to Simulate Split [Bloomberg]

$$$ Schroders Worker Among FSA Insider-Trading Probe Arrests [Bloomberg]

$$$ Is seducing executives in order to get and trade on inside information illegal? [NetNet / John Carney]

$$$ ‘Your Cat Is Not Innocent’: New Zealand Man Launches Campaign to Rid Country of Cats [Gawker]

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