While most companies are cutting staff, a few opportunistic City investment banks and boutiques are hiring in an attempt to snap up some financial talent within the current uncertainty.
These are the companies which are currently hiring in London:
After declaring its intention to hire hundreds of talented people, Cantor is currently hiring equities professionals in London. So far, recruiters say they have been focused on sales, but apparently they are thinking about growing their European equity research platform.
Exane already hired 16 equity researchers in April, although it may have a hiring freeze now.
Liberum Capital was one of the big hirers of equities salespeople and researchers in the crisis of 2008. With the bad times seemingly coming back, recruiters say it is looking for one or two equity researchers.
Redburn Partners, ‘Europe’s largest independent equities broker,’ is known to be hiring one or two people.
SocGen is looking for a handful of London-based equities analysts.
Baird, the independent investment bank, is hiring M&A bankers in London. In January, David Silver, head of its European M&A team, said: “Baird will continue to add talent in 2012. Having just completed a record year, we are keen to continue adding senior talent in Europe where we see tremendous opportunity.
DC Advisory Partners:
DC Advisory Partners (formerly known as Close Brothers Corporate Finance) is hiring just senior bankers. It’s just recruited Jack Dessay (from Deutsche) as an executive director in its TMT team.
After having cut back a lot, Jefferies is still looking for some bankers for its industrials team.
Lincoln International, another M&A boutique, is interested in adding a few juniors.
Moelis is rumoured to be hiring, but it may be just that, rumours.
McQueen, a consumer and retail focused boutique, is hiring some bankers.
The Valence Group, a specialist M&A bank for the chemical sector wants to hire 30 people in the next two years. However, it wants to start covering Latin America and India, so it is unlikely that much of this hiring will take place in London. Most big banks only have 5 people chemical teams, anyway.