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0 0 0.00115295926210612 0.000384319754035417 0.00384319754035363 0.00538047655649503 0.00460799385088398 0.00883935434281324
Stock impact report

Barclays to relocate European headquarters to Paris [Yahoo! Finance]

Barclays PLC (BCS) 
Company Research Source: Yahoo! Finance
The decision comes after a thorough internal review of its European operations. The bank indicated that its presence in Continental Europe has expanded and now plays a larger role within the wider group. Relocating the European headquarters is intended to place key decision-making functions closer to the hub of its Investment Banking activities in the region. Barclays confirmed that it will continue to operate corporate banking and private bank services in Ireland. The bank plans to keep a team in Dublin focused on serving clients and managing operations locally. As part of the transition, Barclays Europe will seek regulatory permission to become a “Societas Europaea” (SE), a form of public company registered under EU law. Once approved and implemented, the organisation will be renamed “Barclays Europe SE” (BE SE). The conversion into an SE is scheduled for completion by the end of 2026, with the office move to Paris expected in the first half of 2027, pending regulator Show less Read more
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