City Recruitment Slumps

Tuesday, April 14, 2009 14:27
Posted in category Human Resource

The number of students sitting examinations that allow them to work in the City has collapsed and could be running at a third of its earlier levels.
The Financial Services Authority set and administer the exams that most City professionals, including wealth managers, stockbrokers and investment bankers, must pass before obtaining the FSA accreditation. According to figures by The Times, the registrations to sit the exams this year are running at just short of 42000, which is a17% fall from their levels in 2008.
This is a clear leading indicator of employment intentions in the City.

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