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Barclays looks to expand further into South west with presence in four new locations

26 Sep 2012 11:09 GMT

Barclays has today announced its growing strength in the South West with the planned expansion of its wealth and investment management service in the region. Over the coming months, Barclays will look to grow its presence in Truro, Exeter, Bath and Gloucester as part of an effort to further localise the bank’s South West offering.

The expansion strategy will be led by Paul Kirk, who takes up the role of Regional Director for the Wealth and Investment Management division of Barclays in both Bristol and Cardiff. Paul joined from Coutts & Co. as Regional Head for Cardiff earlier in the year and will now lead the South West region across both offices.

Paul Kirk said: “We are delighted to expand our diverse offering of wealth and investment management solutions into these new locations across the South West. By taking our private bankers into the heart of the region, we are able to spend more time advising our clients, close to their home or place of work.”

The growth in the South West represents the continued expansion of Barclays dedicated wealth services across the UK regions. In addition to the developments in the South West, in the last year Barclays has increased its presence with local teams based in Reading, Manchester, Cambridge, Norwich and Chelmsford, Essex.

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About Barclays

 

Barclays moves, lends and invests money for customers and clients worldwide.  With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people.



Our customers and clients benefit from access to the breadth of expertise across Barclays.  We are one of the largest financial services providers in the world, engaged in retail banking, credit cards, corporate and investment banking, and wealth and investment management.

 

We are a leading global wealth and investment manager providing international and private banking, wealth planning, trust and fiduciary services, investment management, brokerage services and research to private and intermediary clients around the world.

 

“Barclays” refers to any company in the Barclays PLC group of companies.

 

Barclays offers wealth management products and services to its clients through Barclays Bank PLC ("BBPLC"), functioning in the United States through Barclays Capital Inc. ("BCI"), an affiliate of BBPLC.  BCI is a registered broker dealer and investment adviser, regulated by the U.S. Securities and Exchange Commission, with offices at 200 Park Avenue, New York, New York 10166.  Member FINRA and SIPC. Barclays Bank PLC, registered in England and Wales (no. 1026167), has a registered office at 1 Churchill Place, London, E14 5HP, United Kingdom, and is regulated by the Financial Services Authority.

 

Mortgage products and services in the U.S are offered by Barclays Bank Delaware (“BBD”), member FDIC.  Custom lending is offered via BBPLC, New York Branch.  Securities investing and brokerage products and services are offered exclusively through BCI.  A relationship with the Barclays Wealth and Investment Management unit need not be established or maintained to obtain BBD or BBPLC, New York Branch products or pricing.  Bank regulations require that the loan review and approval proves to be independent of, and cannot be impacted by, brokerage/investment-related matters or other business dealings.

 

Trust and fiduciary services are offered through Barclays Wealth Trustees (U.S.), N.A. (“BWT”) a limited purpose national bank. BWT is subject to regulation and examination by the Office of the Comptroller of the Currency. BWT is an indirect, wholly-owned subsidiary of BBPLC and an affiliate of BCI and various other subsidiaries of, and entities affiliated with, BBPLC.

 

This is not a solicitation of any products or services.