In the fourth part of our series on recruitment in investment banking, Financial News interviews two leading City of London headhunters on the impact of the financial crisis, the state of the job market and the hottest sectors to be in right now.

John Purcell is the founding partner of executive search firm Purcell & Company, which specialises in sourcing high-level candidates across corporate finance, M&A, leveraged and structured finance, private equity and venture capital, fixed income and equity capital markets, research, foreign exchange and treasury products.