"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.

Citigroup (NYSE: C) is set to expand its presence in Charlotte, North Carolina, by creating 510 new jobs, according to Governor Josh Stein. The banking giant will invest $16.1 million in a new office facility

A banking giant is planning to bring more than 500 new jobs to Charlotte, North Carolina Gov. Josh Stein announced Tuesday afternoon. Citigroup, commonly known as Citi, will create the jobs as part of a $16.