RTTNews - Employment levels at the financial service providers of the UK, Germany and France is unlikely to return to the level seen in 2008 before 2013, according to a new research by the City of London.

The local government service provider for London said the UK will have 10,000 fewer roles in banking, insurance and fund management in the four years to 2013.

The report said wholesale financial services based in countries throughout the European Union will play a crucial role in driving the EU economy towards recovery.

For comments and feedback: contact editorial@rttnews.com