London banks decrease recruiting amid high regulatory costs

Note: This section contains information in English only.
Source: Bloomberg
Number of job vacancies in the financial capital of the Western Europe declined in the last month of 2013, as banks struggle with high regulatory costs and penalties related to them. Totally, the biggest banks that work in the City paid about $77 billion as legal costs since 2008. Therefore, banks decrease recruiting, as free vacancies lost 42% in December on a monthly basis.
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