The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64 - Financial service activities, except insurance and pension funding
501 jobs Number of planned job creations
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71462.
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