Company: Citibank

Anglo’s ex-head of credit investment re-emerges in MD role at Nigerian bank

The former head of credit investments at Anglo Irish Bank has resurfaced at the local subsidiary of Nigerian firm, Afribank, making him one of the few senior members of the beleaguered institution to find gainful employment elsewhere. Andrew Curtin moved to the post of managing director at ANP International (ANPI) – an IFSC-based subsidiary of [...]

Irish financial job numbers continue to grow, but for how long?

As the Irish economy began to contract in the first half of this year, the number of people employed in financial services continued to grow, albeit at a slower rate than previously, according to the latest quarterly report from Bank of Ireland. However, the latter part of 2008 doesn’t look so positive and redundancies could [...]

Banker warns of job cuts at the IFSC

Ireland has so far been spared any deep-cutting redundancy announcements in the financial services sector, but Dublin’s International Financial Services Centre (IFSC) should be preparing itself for big job losses, according to one top banker. Speaking at the Irish Banking Federation conference, Citibank Europe’s chief executive, Aidan Brady, said cost-cutting businesses might be tempted to [...]

Citi cuts – more myth than reality?

Rumour has it that Citibank is on the verge of cutting tens of thousands of jobs. But Irish employees should avoid the axe. A spokeswoman for the bank tells us reports that Citi is gearing up for making 15,000 (or more) job cuts following a review of its cost base are totally unfounded. She adds [...]