Financial recruitment agencies are taking advantage of the collapse of invest bank Lehman Brothers by signing up many of the 5,000 staff which lost their job after the collapse of the investment bank.

Several were rumoured to have set up stalls in coffee shops around the company's Canary Wharf UK head quarters and others experienced a 'conveyor belt' of candidates coming through their doors yesterday.

Philip Seager, director,  Alan Mitchell Financial Recruitment, told Recruiter.co.uk his staff have been phoning ex-employees and clients to try and place the new candidates. "Research and consulting staff are phoning people from the Lehman Brothers and a lot of people have their office phone on divert so people can still get in touch.
"We are phoning all our clients and running ideas past them on what we can do for them, quite a few of them are biting," he said.