The boss of one of Robert Walters, one of the City's biggest headhunters, today said “hordes” of top bankers are quitting state-backed banks because of curbs on bonuses.“Right now a few people are saying I'll hang around, put up with the 50% tax rate and see what happens at the election', but if there is not a change in government, London will see a whole wall of people disappearing.
The recruiter also warned that bankers in contact with some of its overseas offices, particularly in Asia, no longer saw London as an attractive place to work because of the higher tax rate. Full Story
