International Recruitment Consultancy Takes Advantage of Banking Sector Recovery

LONDON, May 4, 2010 - The major banks are slowly ramping up investment on recruitment, an
indication that recovery for the global banking sector may well be on the
horizon.

Over the past quarter, Huxley Associates, a leading financial services
recruitment consultancy, has recorded an average rise of almost 10% per month
in the number of placements it has made in the banking sector, across its
network of offices.

This positive changing face of global banking has facilitated the opening
this week of the company's first office in Delhi, a venture that will respond
to the demand from the banking community for high level banking technology
professionals in the region.

Globally the number of placements that Huxley Associates has made has
increased slowly but steadily on a monthly basis since January and looks set
to continue. This thawing of the international recruitment freeze imposed by
the majority of the major financial institutions is a sure sign that the
sector is beginning to recover.

Furthermore, Huxley's expansion into India at this time will enable the
consultancy firm to develop its service further to global financial
institutions, as Huxley Associates London Manager, Clare Russell explains:

"We have come such a long way since the company's
first office opened in the City back in 1995. This latest development will
enable Huxley to continue its drive on the global scene as a recruitment
specialist with local presence in multiple regions and to really excel in
meeting the high-pressure needs of clients in the banking sector by placing
skilled specialist staff in offices across their regions."

This latest venture follows demand in India for a specialist recruitment
consultancy that can deliver a client-focused model and source senior banking
technology candidates from all over the world. While there are many
high-volume, low-level staffing agencies in the country, Huxley Associates is
among the first senior-level specialist recruitment consultancies with a
global reach to establish a local presence in the region.

Annil Chandel, India Country Director at Huxley, said: "Our increasing
global reach makes us a more serious contender at a local level and we are
confident that we will soon develop a solid reputation with client companies
across India."

About Huxley Associates

Huxley Associates is a leading international recruitment consultancy in
banking & finance as well as other sectors, with offices in 10 countries
across North America, Europe and East Asia.

www.huxley.com

James Erven, media at huxley.com, +44(0)207-446-6584