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Montag, 12. Februar 2018, 03:12

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Citigroup is planning make investments in London, 32463
City Bank is hiring human resources despite Brexit:?
Wall Street bank Citigroup Inc will put in place an creativity center in London in one of the first investments by a chief 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 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.
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European Commission officials declined the City of London’s proposal to strike a post-Brexit free-trade deal on financial services, a crucial strike to Britain’s desires of keeping complete access to EU markets for one of the world’s leading two financial centers.
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Britain is already home to the world’s largest number of banks commercial insurance firms. About 6 trillion euros ($7.35 trillion), or 37 percent, of Europe’s financial assets are administered in (London|the UK capital}, practically twofold the amount of its nearest competitor, Paris.
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About 10,000 finance jobs will be shifted out of Britain or created overseas in the following few years if it is denied access to Europe’s single market.
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