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

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

Postby bbqmxx » Feb Mon 12, 2018 3:12 am

Citigroup envisions to make investments in London, 41264
The Bank is Recruiting employees in spite of Brexit: 
Wall Street bank Citigroup Inc will put in place an creativity facility in London in one of the primary investments by a key U.S. bank since Brexit, the Financial Times publicised 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 contain the EMEA unit of Citi ventures and employees from across the company's businesses, in a boost for UK's financial services sphere 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 crucial blow to Britain’s hope of keeping complete access to EU markets for one of the world’s leading two financial centers.
Britain is already hub to the world’s highest number of banks commercial insurance firms. Approximately 6 trillion euros ($7.35 trillion), or 37 percent, of Europe’s financial assets are handled in (London|the UK capital}, practically double the amount of its closest rival, 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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