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Citigroup to expand Hungarian computer hub

Citigroup Inc., the world's largest financial services company, plans to expand its regional computer services center in Hungary, Világgazdaság reported citing a company executive.

The lender will hire 250 people for the center, which serves Citigroup's east European operations, said William Mills, head of corporate and investment banking for Europe, the Middle East and Africa. The bank isn't planning any acquisitions in Hungary, he added.