Banking in Europe, Recruitment trends in 2017
Key take-aways:
– The single largest increase in activity has been in France, but this activity has been primarily caused by French banks increasing their activity.
– Germany, Ireland and Poland have all been witnessing a significant surge in hiring from the major American Banks.
– We estimate that Poland specifically could be the biggest winner out of Brexit, with over 30,000 jobs forecast to move to Warsaw.
The Regionalisation of Financial Services in the UK
Last month TheCityUK and PWC released a report titled ‘A vision for a transformed, world-leading industry’. The report outlines a scenario in which the GVA of the UK’s Financial Services industry grows by 9% by 2025 from its current size, primarily by maintaining industry competitiveness nationally and internationally, and by emphasizing innovation in FinServ and FinTech while factoring in the challenges posed by Brexit.
