Kaupthing, the Icelandic bank, is looking to hire as many as 35 additional staff in London in the next few years. Equity participation is part of the pay deal.
Tim Cockroft, the newly appointed head of Kaupthing's UK capital markets business, says the bank aims to expand its team from six to 40 people, across the capital markets business to corporate finance, sales, trading and research.
Kaupthing's focus is the small- and mid-cap market, says Cockroft, with clients valued from £50m to £500m.
"We're looking for dynamic and entrepreneurial people," says Cockroft. "We can offer exciting environment - lots of mature businesses out there are not as entrepreneurial as we are. We will also be offering equity participation, which isn't available in many businesses these days."
Senior hires should have experience of the small- and mid-cap market but the bank is also looking to add juniors, including six or seven recent graduates.
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