Barclays strengthens presence in London with two new hires
LONDON: Barclays has bolstered the London office of its wealth and investment management division with two private banker appointments.
Mark Priestley has taken up the post of Director, and will be working with the team to bring the full range of wealth and investment management solutions to clients in the London area.
Prior to joining Barclays, Mark spent 25 years at Coutts & Co. For the last 18 years he was a banker looking after a number of high net worth individuals. He also spent four years as a Client Partner managing a team of private bankers who specialised in looking after UK resident and domiciled entrepreneurs.
In addition, Michael Foy joins Barclays as a private banker from Coutts where he worked for 22 years. During the past 13 years, Michael was a banker to high net worth individuals and specialised in looking after UK resident and (non) domicile entrepreneurs. Since 2008, he held the role of Client Partner, running a large team of bankers in the Executive Client Group at the bank.
Commenting on the two appointments, Ben Covey, Regional Director of Wealth and Investment Management at Barclays, said:
“We are very pleased to welcome these two new hires to the team during this exciting time for the business. Barclays London office is one of the fastest growing in the country, with an ever-expanding client base. Mark and Michael bring with them the credentials and depth of experience to help service this growth.”
The Barclays London office continues to grow, providing the full range of wealth and investment management, wealth advisory and corporate and employer solutions services to clients in the region.
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.
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