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

已有 26 次閱讀2018-2-12 11:10

 Citigroup is going make investments in London, 61355

The Bank is hiring staff even after Brexit: 

Wall Street bank Citigroup Inc will put together an innovation hub in London in one of the primary investments by a key 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 unit of Citi ventures and employees from across the company's businesses, in a rise for UK's financial services sphere in advance of Brexit.

 

European Commission representatives refused the City of London’s proposal to strike a post-Brexit free-trade deal on financial services, a significant setback to Britain’s hope of managing extensive access to EU markets for one of the world’s major two financial centers.

 

Britain is by now host 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 managed in (London|the UK capital}, practically double the amount of its nearest 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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