HSBC 'maintains recruitment process'

Financial services provider HSBC is to keep its graduate recruitment policies stable into next year despite the uncertain economic climate, it has been revealed.

According to the group, the number of new recruits into its international management programme will rise from 25 to 125 in 2009 while the firm's overall intake is likely to remain similar to this year, at around 1400 new staff.

In a statement, the group said: "In retail and commercial banking, our strategy in recruiting graduates is to take into account our expected middle management and senior management vacancies six to eight years after the graduate completes their development programme."

The company went on to say that because of this, graduate recruitment numbers tend to remain relatively constant unless a new initiative is put in place.

Earlier this month, the Financial Services Skill Council launched new training and competence (T&C) standards and good practice guidance, which will include rule-based guidance, direction towards best practice and standards for the delivery of T&C.

As a recruitment provider to many of the UK’s major banks, mortgage lenders and building societies Aaron Wallis have a deserved reputation within Financial Services recruitment. Their dedicated FS consultants recruit sales professionals across Retail Banking and Financial Services including IFA’s and Mortgage Broking.

Filed: 26-11-2008