Menu
09/12/2010
250 Jobs For Dublin & Waterford
Minister for Enterprise has today announced that Citi, a leading global financial services company, is to create 250 roles in the next year at its offices in Dublin and Waterford. , Batt O’Keeffe said the roles will be in Funds, Client Services, Product Development and will include some Operations and Technology roles.
However, it may take 18 months before all the positions becoming available, according to the Minister today.
Citi currently employs 2,200 people in Dublin and Waterford and hired 300 people in the last twelve months including a number of graduates on the FÁS Work Placement Programme.
A Citi spokesman said Ireland was chosen because of a "long standing" and "well respected" existing operation here while having a "talented" and educated labour force available in the Irish market for these roles.
Citi said it was celebrating 45 years of continuous business in Ireland and was committed to growing its franchise here.
"The pro business environment and the support received from IDA Ireland since its establishment have enabled Citi to become one of the largest international financial services companies in Ireland."
Minister O'Keeffe congratulated Citi for investing in Ireland for 45 years and described the 250 new jobs as a “strong endorsement of Ireland's financial services sector.
“More than half the world's leading financial services firms now have operations in Ireland. Citi, a pioneer in the financial services sector, has made an outstanding contribution to our economy for more than four decades.
'It is a standard-bearer in Dublin's IFSC and the expansion of the Waterford operation has dramatically enhanced the profile of the south-eastern region for top-level financial services investments.
'Citi's announcement today demonstrates that we can out-perform rival locations for major global investments in the financial services sector because we have the talent, track record and tax regime that makes global players want to hub here."
(DW)
However, it may take 18 months before all the positions becoming available, according to the Minister today.
Citi currently employs 2,200 people in Dublin and Waterford and hired 300 people in the last twelve months including a number of graduates on the FÁS Work Placement Programme.
A Citi spokesman said Ireland was chosen because of a "long standing" and "well respected" existing operation here while having a "talented" and educated labour force available in the Irish market for these roles.
Citi said it was celebrating 45 years of continuous business in Ireland and was committed to growing its franchise here.
"The pro business environment and the support received from IDA Ireland since its establishment have enabled Citi to become one of the largest international financial services companies in Ireland."
Minister O'Keeffe congratulated Citi for investing in Ireland for 45 years and described the 250 new jobs as a “strong endorsement of Ireland's financial services sector.
“More than half the world's leading financial services firms now have operations in Ireland. Citi, a pioneer in the financial services sector, has made an outstanding contribution to our economy for more than four decades.
'It is a standard-bearer in Dublin's IFSC and the expansion of the Waterford operation has dramatically enhanced the profile of the south-eastern region for top-level financial services investments.
'Citi's announcement today demonstrates that we can out-perform rival locations for major global investments in the financial services sector because we have the talent, track record and tax regime that makes global players want to hub here."
(DW)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
29 November 2010
Financial Services Campus Gets Green Light
Plans for a world-class financial services campus, to be located at Belfast's Titanic Quarter, (TQ) have moved one step closer following the formal granting of planning permission by the Department of the Environment for Northern Ireland.
Financial Services Campus Gets Green Light
Plans for a world-class financial services campus, to be located at Belfast's Titanic Quarter, (TQ) have moved one step closer following the formal granting of planning permission by the Department of the Environment for Northern Ireland.
20 November 2014
Citi To Invest £54m And Create 600 New Jobs
First Minister Peter Robinson and deputy First Minister Martin McGuinness have announced that US financial services company Citi is to invest £54m and create 600 new highly skilled jobs in Northern Ireland.
Citi To Invest £54m And Create 600 New Jobs
First Minister Peter Robinson and deputy First Minister Martin McGuinness have announced that US financial services company Citi is to invest £54m and create 600 new highly skilled jobs in Northern Ireland.
22 June 2005
US-based financial services group announces NI centre
Invest NI has secured an investment which will see Wombat, the US-based financial services group, establish its global centre of software engineering excellence in Northern Ireland. Wombat’s software transfers stock exchange data to remote trading floors in banks at high speed, improving the efficiency and accuracy of automated trading systems.
US-based financial services group announces NI centre
Invest NI has secured an investment which will see Wombat, the US-based financial services group, establish its global centre of software engineering excellence in Northern Ireland. Wombat’s software transfers stock exchange data to remote trading floors in banks at high speed, improving the efficiency and accuracy of automated trading systems.
01 September 2011
Credit Unions Protected From PMS-style Crash
Northern Ireland's credit unions will be offered more protection under a new form of regulation, the Financial Services Authority (FSA) has said.
Credit Unions Protected From PMS-style Crash
Northern Ireland's credit unions will be offered more protection under a new form of regulation, the Financial Services Authority (FSA) has said.
03 February 2011
Legal Centre Promises NI Jobs
Some 300 high-quality jobs are to be created in Belfast as a major law firm announces plans to set up offices in the city. Allen & Overy LLP will provide IT, HR and financial management services from its new Support and Legal Services Centre. Up to 60 legal positions are also expected amongst the jobs boost.
Legal Centre Promises NI Jobs
Some 300 high-quality jobs are to be created in Belfast as a major law firm announces plans to set up offices in the city. Allen & Overy LLP will provide IT, HR and financial management services from its new Support and Legal Services Centre. Up to 60 legal positions are also expected amongst the jobs boost.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
