Barclays to proceed with relocation of its European HQ from Dublin to Paris

Following a comprehensive review, Barclays Europe (Barclays Bank Ireland PLC) has now started formal legal and regulatory processes to redomicile its headquarters from Dublin to Paris.

Barclays’ business in Continental Europe continues to grow and is making an increasingly important contribution to the Group’s overall progress. This move will enhance oversight and governance by bringing decision-making closer to the majority of its Investment Banking operations in Continental Europe.

The bank retains significant ambitions for its Corporate Banking and Private Bank businesses in Ireland which will remain in place with a strong team of Dublin-based client facing and operational colleagues.

Francesco Ceccato, CEO, Barclays Europe said: “Taking formal steps to relocate our European Headquarters to Paris is a strategic milestone that will enhance our ability to serve clients across Continental Europe while reinforcing our commitment to strong governance. After extensive discussions at all levels of the organisation, we are confident this is the right step forward – both for the entity and for our clients. We are very excited about the opportunities ahead.”

Barclays Europe is seeking necessary legal and regulatory approvals to convert its corporate form into a “Societas Europaea” (SE), upon conclusion of which its name would be changed to “Barclays Europe SE” (BE SE). That change into an SE is expected to be completed by the end of 2026, with the relocation of BE SE’s headquarters from Dublin to Paris finalising in H1 2027, subject to regulatory approval. This phased transition will allow Barclays Europe to provide products and services across Europe as BE SE just as Barclays Europe does today, while ensuring continuity of service for its clients.