(Changes source to Citadel Securities executives in par 3)
DUBLIN May 12 U.S. financial firm Citadel
Securities said on Friday its Dublin base provided a "hedge"
against any potential upheaval in its British operations arising
Asked if its growing operation in Dublin gave the firm
options should they need to move business from London after the
terms of Britain's divorce from the European Union are known, a
senior executive at the firm, Paul Hamill, said: "Dublin is an
obvious hedge to a situation where you may be looking for
another location for certain businesses."
Citadel Securities executives told the Irish Times this week
that the firm plans to treble its Irish workforce to 50 people
within two years but that its decision to establish a base in
Dublin predates Brexit.
Citadel Securities only operates in Dublin and London in the
European Union. Hamill said the firm currently has no plans to
open another office in the EU.
(Reporting by John Geddie; Editing by Catherine Evans)