Citigroup are looking to relocate up to 900 jobs from London to Dublin

Citigroup is preparing to move up to 900 jobs from London to Dublin as part of its preparations for Britain’s exit from the EU.

The bank is working on a “project of substance” for Dublin and exploring options for office space, according to sources in the Irish capital.

Citi held a board meeting in the city last month. It was attended by chief executive Mike Corbat and chairman Michael O’Neill, who also met the taoiseach, Enda Kenny, and senior politicians for more than an hour.

“They have been testing the Irish political and regulatory regime on a macro level,” said one source. Another said Citi had started an unofficial search for offices that could cope with “many hundreds of people”.

The bank said it was