Citi Committed to UK Even If Bank Surcharge Raised, UK CEO Says

Citigroup Inc. is committed to staying in the UK even if the government chooses to raise the bank surcharge in its next budget, according to the firm’s UK chief executive...

By Isabella Farr and Francine Lacqua · Bloomberg

Citigroup Inc. is committed to staying in the UK even if the government chooses to raise the bank surcharge in its next budget, according to the firm’s UK chief executive officer, Tiina Lee.