Barclays strengthens its presence at One Snowhill

BARCLAYS has strengthened its presence at One Snowhill in Birmingham with the arrival of its wealth and investment management division at the building.
 
The move will see almost 100 members of the wealth and investment team, previously based in nearby Colmore Square, unite with around 850 corporate staff already at the bank’s Midlands headquarters.

The growing office will eventually be able to house 1,200 Barclays staff.
 
Barclays suggests this co-location will enable it to more conveniently offer a full range of corporate banking, investment and private banking solutions to new and existing clients in the Birmingham region.
 
Paul Keiser, regional director, Barclays Wealth and Investment Management, the Midlands, said: “With our latest Entrepreneurs Index finding that the number of businesses in the Midlands has grown by 4% between March 2013 and March 2014, the move marks our ongoing commitment to supporting this thriving local economy, as well as the growing number of entrepreneurs and high net worth individuals in and around Birmingham.”

Ray O’Donoghue, managing director, Barclays Corporate, the Midlands, said: “Barclays Wealth and Investment Management’s move to join us at One Snowhill will offer an excellent environment for both our clients and our employees.

“Birmingham and the wider Midlands region is a fantastic place to do business and this alliance makes us well placed to advise across a wide range of circumstances: from business owners looking to take the next step with their business or families seeking support on inheritance and succession planning.”