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Citigroup is going|is planning|intends| aims|aspires|hopes|expects|wantswishes|

Citigroup expects invest in London, 54366
City Bank is hiring staff in spite of Brexit: 
Wall Street bank Citigroup Inc will start up an development hub in London in one of the primary investments by a top U.S. bank since Brexit, the Financial Times publicised 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 contain the EMEA devision of Citi ventures and employees from across the company's businesses, in a rise for UK's financial services sphere ahead of Brexit.
 
European Commission administrators declined the City of London’s proposal to strike a post-Brexit free-trade deal on financial services, a significant setback to Britain’s desires of sustaining full access to EU markets for one of the world’s top two financial centers.
 
Britain is currently habitat to the world’s greatest number of banks commercial insurance firms. Approximately 6 trillion euros ($7.35 trillion), or 37 percent, of Europe’s financial assets are administered in (London|the UK capital}, almost twofold the amount of its closest rival, Paris.
 
About 10,000 finance jobs will be moved out of Britain or created overseas in the next few years if it is declined access to Europe’s single market.
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