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.