Citi

Type
Business expansion
Country
United Kingdom
Region
Northern Ireland; Northern Ireland; Belfast
Location of affected unit(s)
Belfast
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
501 jobs
Number of planned job creations
Job creation
Announcement Date
4 November 2010
Employment effect (start)
Foreseen end date

Description

Citi bank will create 501 jobs in Northern Ireland. The investment by the international banking group will see a major expansion of its current operation in Belfast. The announcement by US-based Citi comes weeks after Northern Ireland's political leaders attended a conference in Washington hosted by Secretary of State Hillary Clinton aimed at attracting stateside business to invest in the region. The boost has been backed by a £8.4 million grant from Government business support body Invest Northern Ireland.

Sources

  • 4 November 2010: Independent.ie

Citation

Eurofound (2010), Citi, Business expansion in United Kingdom, factsheet number 71462, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71462.