New vacancies: A woman walking past a Citigroup bank branch in Chicago, Illinois. The choice to expand the bank’s existing broker-dealer in Frankfurt means it will create between 150 and 250 new roles there. — Bloomberg
NEW YORK: Citigroup Inc has chosen Frankfurt as its newest trading hub in the European Union and plans to present that option to its board of directors this week for approval, according to a person with knowledge of the decision.
The choice to expand the bank’s existing broker-dealer in the German city meant it would create between 150 and 250 new roles there, said the person, who asked not to be identified talking about internal policies.
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