07.08.25

Citigroup Expands in Charlotte, Plans To Add Over 500 New Jobs

by: Aashna Shah

Citigroup Inc. is adding 510 new jobs in Charlotte, further cementing the North Carolina city as a financial center for Wall Street banks. The lender is investing $16.1 million in a new office space in Mecklenburg County to expand its local headcount in areas like personal banking, finance and marketing, according to a statement from North Carolina Governor Josh Stein. Charlotte is one of the largest banking hubs in the United States and is home to the headquarters of Bank of America and Truist Financial. It is also a major employment base for Wells Fargo, which became a bigger player in the city after its 2008 acquisition of Wachovia.

Read the full article on Bloomberg