Over the past year Socit Gnrale has hired 1,300 staff to its corporate and investment banking unit. The headcount across all of their businesses has been increased by over a third after a recruitment drive.
An estimated 14,671 staff have joined the firm in the last 12 months, which is a 39 percent increase on the amount of people hired in 2005. By 31 December 2006 they had hired an additional 120,000 employees.