Financial Markets: Morgan McKinley Financial Services

Morgan McKinley Financial Services: Job vacancies in one of the world's top financial centers rose to 6,426 last month, up from 5,355 in April, according to Morgan McKinley's London Employment Monitor, according to Reuters. The May employment monitor results showed confidence about the potential for business growth was steadily returning, Hakan Enver, operations director at Morgan McKinley Financial Services, said in a statement and LONDON - The number of job vacancies in London's financial services sector rose 20 percent between April and May as employers took comfort from more stable financial markets, a recruiter said on Monday. London's banks and financial services companies have slashed thousands of jobs in recent years following a wave of banking scandals and a protracted period of economic weakness. However, the sector still employs over 1 million people in Britain and contributes almost 10 percent of gross domestic product, according to TheCityUK, which promotes UK financial services. (www.immigrantscanada.com). As reported in the news.