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 64.19 - Other monetary intermediation
150 jobs Number of planned job creations
Announcement Date
7 July 2008
Employment effect (start)
Foreseen end date
Description
Citi, a US based financial services company, has announced that it is to create 150 new jobs with the expansion of its Belfast base. The move is the fourth expansion of the Belfast operations since they were established in 2004 bringing the total workforce to 850. The company now has technology and operations centers and a legal and compliance division based in Belfast. As of July 2008, there is no information on when either employment at the site will commence or the new jobs will be created by.
Sources
7 July 2008: BBC Website
Citation
Eurofound (2008), Citi, Business expansion in United Kingdom, factsheet number 66837, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66837.
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