Citibank boss: Brexit a jobs boost for Irish
Ireland is part of the contingency plan if bank loses access to European market, Turek reveals
Citibank has become the first major bank to confirm it is considering moving jobs to Ireland after Brexit if its British subisdiary loses access to the European market.
Zdenek Turek, the chief executive of Citibank Europe and head of the bank’s European cluster, confirmed in an exclusive interview with The Sunday Business Post that Ireland featured in the bank’s contingency plans.
“Overall, if Brexit gets to the extreme loss of passporting,...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Chris Patten: Why the Aukus submarine deal was necessary
The diplomacy around the agreement was poorly handled and angered France — but in future like-minded powers will have to stand together in a similar way to counter Chinese aggression
Vincent Boland: Triple pact reveals how a new Cold War between China and the West is now a reality
Offending French sensibilities is the least of the consequences of Australia’s new trilateral defence alliance with Britain and the US
Susan O’Keeffe: Energy crisis is a missed opportunity to drive home effects of climate change
This is the moment to declare that food will be short, houses will be colder, transport will be affected and water treatment plants will run slower