Skip to main content

A Tale Of One City

  • Author:
  • Updated:

It is the best of times (for those getting hired by London banks) and the worst of times (for those still trying to get hired by London banks).

Job vacancies in London's financial services sector were down 9 percent in the first six months of this year, compared with the same period in 2012, a survey showed on Friday.

The number of openings picked up in June from May, but the survey by recruitment firm Morgan McKinley showed that vacancies for the first half fell to 45,675, from 50,337 in the same period last year.

The number of active job seekers rose by 15 percent in the first six months from a year earlier.

Morgan McKinley said its survey indicated an average salary increase of 15 percent for those securing new jobs in June.

London banking vacancies down nine percent - survey [Reuters]



London’s Latest Brexit Fantasy Awaits Dashing

Things are getting not better over in Jolly Old.

deutsche bank

Layoffs Watch ’21: Deutsche Bank

Even after 18,000 job cuts, the Germans think they look a bit flabby.

london at night

Bonus Watch ’23: British Bankers

Bonus caps are out, not that it will matter much.

By Thomas Wolf (Der Wolf im Wald) (Own work) [CC BY-SA 3.0], via Wikimedia Commons

Bonus Watch '17: Frankfurt Is Great If You're The Kind Of Person Who's Into Money

Pro: No one willingly lives in Frankfurt so you can demand a raise. Con: No one willingly lives in Frankfurt.


Citi Mexico Unit Has Final Bout Of Montezuma’s Revenge

Banamex USA’s final gift to Mike Corbat is a $97.4 million bill from Jeff Sessions.


Brits Not Exactly Queueing Up For A Piece Of Bill Ackman

Turns out they've heard of Valeant in Merry Olde England.