Big banks continued to hire as COVID hit

• Banks have continued to hire throughout the pandemic.
• The top 5 most active hirers were Citi, HSBC, Credit Suisse, UBS and Standard Chartered, collectively taking on a total of 229 senior hires.
• Nonetheless, TALNT has recorded high numbers of departures, especially from HSBC, Bank of America, Barclays, Deutsche Bank and Goldman Sachs. A total of senior 91 executives departed from these firms in 2020.
• Over 50% of departures recorded by TALNT were from Deutsche Bank, which we looked at earlier in the year.