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10 January, 2012 12:51 (GMT +01:00)

City job prospect gloom

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Record numbers to lose jobs in financial services in 2012

City News Desk

The Square Mile, and financial services in London has seen a starling drop in job openings, a 43 per cent decline according to new figures.


According to a leading financial services recruiter, Astbury Marsden, the number of new jobs advertised has fallen by 8 per cent to 54,020.

Only 1,490 new job openings were advertised in December compared to 2,620 in December 2010, according to a report in The Financial Times.

Leading banks like Citigroup, BNP Paribas, RBS are all down-sizing with a potential of 10,000 bankers made redundant.

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