Barclays demonstrates commitment to Kent with new office in Maidstone
Barclays today announced the opening of its new office in Maidstone, Kent.
The new office – located at Tower View, West Malling, Maidstone – brings together the Corporate Banking and Wealth and Investment Management divisions of Barclays.
Six specialist sector Corporate Banking Relationship Directors will work alongside Private Bankers and Wealth Advisors to support businesses and clients in the region by offering a full range of banking, investment and wealth advisory solutions.
Ian Bain, Head of Region, South East at Barclays said: “This is an exciting move for the Corporate Banking team that will enhance our facilities and ideally place us to provide greater support and accessibility to all our clients. We also welcome Mark Moran as the new Corporate Director who will be leading the team. Mark has gained extensive experience of working with business clients across Kent for the last 19 years.”
There are now approximately 170 Private Bankers across London and the South East, and the decision to base a dedicated Wealth and Investment Management team in Kings Hill reflects the area’s growing affluence: a report by Barclays in 2011 found that there are 287,000 millionaires in London and the South East, and this figure is set to rise by 35 per cent by 2020.
Robin Reynolds, Regional Director for Barclays Wealth and Investment Management in Kent said: “As our UK footprint continues to grow, we are delighted to open a new, local office which demonstrates our commitment to building our presence in the South East. This latest office opening is testament to the momentum we are seeing as we continue to invest in our business and talent across the regions.
“Kent is a fantastic place to do business, and the decision to invest in new offices in Kings Hill underpins our belief in the prospects for the local economy and wealth in the region. Having a growing team here allows us to increase the amount of time we spend providing specialist advice and wealth solutions to our clients, close to their home or place of work.”
The Maidstone office supports the continued expansion of Barclays Corporate Banking and Wealth and Investment Management services across the UK regions, which includes new offices in Sheffield, Manchester, Cambridge, Norwich and Reading in the last two years.
About Barclays Wealth and Investment Management
Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
Barclays is 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. For further information please visit our website www.barclayswealth.com.
About Barclays Corporate
With a clear focus on quality relationships, Barclays Corporate provides integrated banking solutions to businesses with an annual turnover of more than £5 million in the UK and large local companies, financial institutions and multinationals in non-UK markets. We facilitate the success and growth of our clients by providing lending, risk management, cash and liquidity management, trade finance and asset and sales financing. Additionally, our clients benefit from the breadth of the Barclays Group, through access to the investment banking services of Barclays Capital including debt and equity capital markets, the private wealth management expertise of Barclays Wealth, and the card and payment services of Barclaycard. Barclays Corporate employs over 10,000 people globally. For more information please visit www.barclayscorporate.com.
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