Much has been made of late of the desire of the banking community to recruit lawyers from private practice but the ongoing restructuring at Citi is a reminder that life at a major company brings different kinds of uncertainties.
Certainly, the US banking giant’s decision to set up a legal and compliance team in Belfast (see story) will make its legal staff uneasy. Though the move has been presented – not entirely convincingly – as a big-thumbs-up for the Belfast economy, some London-based legal staff are expected to face the option of relocation or redundancy.
