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Citi creating 600 jobs in Belfast

Citi has been based in Belfast since 2004 and already employs 1,500 there
Citi has been based in Belfast since 2004 and already employs 1,500 there

US financial services company Citi is creating 600 jobs in Belfast's Titanic Quarter.

The new jobs will be in a number of areas, including legal compliance and human resources.

Citi said the jobs will have salaries of £35,000 (€44,000).

The company already employs 1,500 people in Belfast.

Northern Ireland First Minister Peter Robinson said: "The financial services sector is at the heart of the economy and the decisions and transactions that take place in Belfast will impact across the globe."

Citi set up a technology operation in Belfast in 2004 and said it operates in more than 160 countries and jurisdictions.

Deputy First Minister Martin McGuinness said: "This significant expansion by the corporate giant Citi will inject over £21 million of new salaries in the local economy every year."