Citigroup is looking for a bigger office in Paris after boosting the number of trading jobs it plans to relocate to the city as the US bank steps up preparations for Brexit.
Citi’s decision has been prompted by many staff lobbying for a move to the French capital rather than Frankfurt, people familiar with the deliberations said.
The bank is now likely to transfer fewer jobs to the German city, which it has picked as Citi’s main trading hub following the UK’s planned departure from the EU.