The City of London has been described as the world’s greatest commercial and financial hub, and it has long been a massively important engine of growth for the UK economy, generating around £70bn in gross value added – that’s about 4% of the UK’s total annual output.
Dominated by banking and financial services, the City is essential to a globally-successful UK, employing over half a million people, with three quarters of them in financial, professional and business services. So the Square Mile is a magnet for global talent in Asset Management, Capital Markets, Corporate Finance, Insurance, Private Equity and Wealth Management.
Yet London’s financial district does not exist in a bubble, and is subject to the same evolutionary forces as other global commercial centres. The dominance of traditional players like Goldman Sachs, Barclays, UBS and JP Morgan is now being challenged by newcomers in Technology, Media and Telecommunications (TMT). And the FinTech sector is performing particularly well, with an annual growth rate of more than 10%.
Stone Executive headhunters work closely with employers and candidates across all commercial sectors and functional practices, helping employers in the City of London to recruit talented senior managers and high-profile executives from across London, the UK and beyond.
To learn more about our City of London appointments, call our team on 020 7127 4322.
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