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Headhunters report temporary hiring freeze in wake of volatility

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One London-based recruitment consultant at a leading recruitment agency, who wished to remain anonymous, said he had been forced to cancel five candidate interviews last week as bank staff were too busy on the trading floor.

The turmoil comes at a welcome time as banks across the board reported lower levels of volatility this year, including Goldman Sachs, State Street and BNY Mellon (FX Week, May 3). State Street admitted its first quarter FX revenues fell 10% from the last three months of 2009

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