Bank of America Jobs Belfast: 1,000 New Positions Created
Meaningful US Investment to Create 1,800 Jobs Across the UK
Table of Contents
Updated September 14, 2025, 8:19 PM GMT
Major Investment in Financial Services
A substantial investment package totaling £1.25 billion from leading US companies, including PayPal, Bank of America, Citi, and S&P, is poised to generate approximately 1,800 new jobs across key UK financial centers. The announcement comes ahead of a state visit by US President Donald Trump to the United Kingdom.
Bank of America Expands to Northern Ireland
Bank of america is establishing its first operational base in Northern Ireland, committing to create up to 1,000 jobs in Belfast. This marks a significant expansion for the bank and underscores Belfast’s growing prominence as a hub for international finance and technology. Brian Moynihan, Chair and CEO of bank of America, stated the early US-UK trade agreement facilitated this investment by providing business certainty.
Citi Group increases UK Presence
Citi Group has confirmed a £1.1 billion investment across its UK operations, wiht a specific commitment to expand its existing Belfast facility. The company already employs 4,000 people in Belfast and anticipates further growth. This investment reinforces Citi’s long-term commitment to the UK market.
Government Response
Northern Secretary Hilary Benn hailed the investment as “fantastic news,” emphasizing the positive impact of the new jobs in Belfast. The investment demonstrates confidence in the UK economy and its ability to attract foreign investment.