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Narrow hiring window closes for banks

Credit Suisse, Deutsche Bank, Goldman Sachs and Morgan Stanley are wrapping up their recruitment programmes in the UK for this year

Credit Suisse, Deutsche Bank, Goldman Sachs and Morgan Stanley are among the investment banks wrapping up their recruitment programmes in the UK for this year, following a truncated and frenzied two months of senior-level hiring.

The UK bonus tax, which was payable on April 5, meant banks delayed hiring plans until after that date to avoid paying the one-off tax for the 2009 financial year. That led to a busy April and May, said recruiters.

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