The banking sector’s return to growth is set to continue, according to Philip Seager, managing director at Alan Mitchell Financial Recruitment.

This week, Lloyds, Northern Rock and Barclays all reported increased profits, and with recruitment notoriously a lagging indicator of economic growth, Seager told Recruiter that he sees this trend continuing.

“We are seeing a lot more vacancies across the board and think that will continue. We have trebled the number of our employees since December. In fact, we have just had two starters.

“We recruit purely for investment banking. The demand is for the junior to mid-level, for analysts to VP level. There are also senior roles as well. There is strong growth in M&A and growth across the big banks and the boutiques.”