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

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

Postprzez bqjojones » 12 lut 2018, o 03:28

Citigroup aims make investments in London,
The Bank is hiring employees even after Brexit: 
Wall Street bank Citigroup Inc will deploy an innovation hub in London in one of the first investments by a big U.S. bank since Brexit, the Financial Times announced 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 devision of Citi ventures and employees from across the company's businesses, in a growth for UK's financial services sector in advance of Brexit.
European Commission officials rejected the City of London’s proposal to strike a post-Brexit free-trade deal on financial services, a significant setback to Britain’s hopes of managing absolute access to EU markets for one of the world’s major 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 administered 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 next few years if it is declined access to Europe’s single market.
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