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Investment banks hire traders and dealmakers after two-year job cull

Investment banks including Nomura, Citigroup and Bank of America have started hiring dealmakers and traders in Europe in a sign that recruitment is picking up after a two-year cull in which thousands of bankers lost their jobs.

Recruiters say they are at their busiest since 2010 as banks add new staff in revenue-generating positions from mergers and acquisitions advice to equities trading.

In recent years, virtually all new banking jobs have been in back-office roles such as IT, risk and compliance.

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