The global banking sector has seen tens of thousands of redundancies since the start of the downturn. But does this mean there is a ready pool of talent for banks to draw on as they seek recruits?
According to one analysis, 160,000 jobs were cut globally during 2012 at just 29 of the world’s biggest banks. Yet despite this, international banks are talking of a talent shortage and an inability to fill key roles.
Matthew Mellor, managing director at Armstrong Craven Executive Search and Selection, says the sector has changed since the global recession began. “The entire landscape of the banking sector is changing, meaning that organisations are having to adapt their talent infrastructures to become more customer focused.
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