Citigroup to create 50 new jobs in Dublin

The multinational financial firm Citigroup has announced plans to create 50 jobs in Dublin over the coming year.

The company says it plans to invest $24m in its global research, development, innovation and learning centre in Dublin, where it already employs 50 people.

The new jobs will come on stream by the end of 2010.

Citigroup has been operating in Ireland since 1965 and employs around 2,000 people in the country.