As the euro-zone crisis deepens, the world's big banks have over the past year moved from hiring to firing.
The City of London has borne the brunt of these cutbacks and the number of jobs there this year is forecast to fall to 255,000 - a 16-year low - from a peak of 354,000 in 2007.
But amid the doom and gloom facing the financial sector in Europe, Dubai offers a glimmer of hope. Hiring in the emirate is on the rise in investment banking and wealth management.
No comments:
Post a Comment