It's Q4 and after a slow summer and a tempestuous spring, some financial services recruiters are daring to suggest that recruitment in investment banks might be making a comeback. Not just for back and middle office roles where hiring is steady, but for jobs like M&A where recruitment has been more moribund until now.
"We're busier than we were before," says Andy Pringle at European banking recruiter Circle Square. "I don't know why, but we're seeing small and mid-tier boutiques looking for origination people, and I'm calling candidates who've been out of the market for a while who say they've suddenly got jobs."