"Charlotte stood out as a location where we had a unique opportunity to invest by establishing a formal presence," said Edward Skyler, Citi's head of enterprise services & public affairs. The average salary for the new positions is projected to be $131,832, according to the official release.

Meanwhile, last month, Citigroup announced plans to reduce its workforce by about 3,500 at two of its technology centres in China. "Citigroup to create 510 Jobs in Charlotte " was originally created and published by Retail Banker International, a GlobalData owned brand.

Citigroup (C) will invest $16.1M in an office facility in Charlotte, North Carolina, a move that will create 510 additional jobs, North Carolina Governor Josh Stein said in a statement on Tuesday.