Financial News’ second annual survey of job satisfaction among workers in the City’s financial services sector gives plenty of cause for concern, not least because staff appear to be growing increasingly apathetic about their jobs in an industry with a reputation for recruiting intelligent, driven and highly motivated individuals.

Nearly 450 people from asset management, investment banking, sales and trading, private equity, hedge funds and infrastructure, as well as the legal, regulation and accounting sectors took part in the FN survey this summer, and their responses will doubtless provide senior executives with much to mull over.