City hiring bolstered by small and mid-tier City firms
4 August 2014
Small and medium-sized City firms are actively creating new positions while hiring at large investment banks remains weak, financial services recruitment firm Astbury Marsden says.
Mon, 4 Aug 2014Small and medium-sized City firms are actively creating new positions while hiring at large investment banks remains weak, financial services recruitment firm Astbury Marsden says.
A statement released today on behalf of the company said 2,000 jobs were created in the sector in July, down from the 2,190 created in June and down from the 2,150 created in July last year.
“It is smaller City firms rather than the big investment banks that are driving City hiring activity at the moment,” Astbury Marsden associate director Adam Jackson said.
He said it was compliance and regulatory roles in which hiring had been most active.
High frequency and algorithmic trading firms had been especially active, taking on technology and infrastructure staff.
A statement released today on behalf of the company said 2,000 jobs were created in the sector in July, down from the 2,190 created in June and down from the 2,150 created in July last year.
“It is smaller City firms rather than the big investment banks that are driving City hiring activity at the moment,” Astbury Marsden associate director Adam Jackson said.
He said it was compliance and regulatory roles in which hiring had been most active.
High frequency and algorithmic trading firms had been especially active, taking on technology and infrastructure staff.
