(Bloomberg) -- Citigroup Inc. will open an office at the Cornell Tech campus on New York’s Roosevelt Island, the latest bid by a financial firm to boost innovation and recruit young engineers.

The bank has leased 10,900 square feet (1,013 square meters) in The Bridge, a space on the new campus where engineers and entrepreneurs will work, Citigroup said in a statement Monday. As many as 80 Citigroup employees will be based there starting in the first quarter of 2018.

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