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Citigroup is going|is planning|intends| aims|aspi

已有 100 次阅读2018-2-11 22:09

 Citigroup is planning invest in London, 62562

The Bank is hiring personnel in spite of Brexit: 

Wall Street bank Citigroup Inc will arrange an development center in London in one of the initial investments by a chief U.S. bank since Brexit, the Financial Times stated on Sunday.


The bank will initially hire 60 technologists for the center, James Cowles, chief executive Officer for Europe, the Middle East and Africa.


 

The center in London will also house the EMEA unit of Citi ventures and employees from across the company's businesses, in a growth for UK's financial services marketplace before of Brexit.

 

European Commission officials turned down the City of London’s proposal to strike a post-Brexit free-trade deal on financial services, a major strike to Britain’s desires of sustaining complete access to EU markets for one of the world’s top two financial centers.

 

Britain is by now host to the world’s highest number of banks commercial insurance firms. About 6 trillion euros ($7.35 trillion), or 37 percent, of Europe’s financial assets are handled in (London|the UK capital}, practically twice the amount of its nearest competitor, Paris.

 

About 10,000 finance jobs will be shifted out of Britain or created overseas in the following few years if it is declined access to Europe’s single market.
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