Barclays has opened its new North Eastern base on Newcastle quayside.
As part of the move, all 160 staff in the Grey Street base, together with the wealth and investment Management staff will relocate to the new building at St Anns Street from its current base in Grey Street.
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The new base will offer a wide range of corporate banking, investment and private banking solutions to new and existing clients in the region.
The St Anns Street premises will combine all its North East regional divisions and training facilities.
Constructed on a 35,000 sq ft space, the new location will feature a dedicated customer reception, meeting suite and views over the River Tyne.
Brian Thorpe, head of Barclays Corporate Banking in the North East said: "Newcastle is a fantastic place to do business and the move to the new offices is major investment for the city and the North East.
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By GlobalData"It will offer an excellent environment for both our clients and our employees and enables us to bring our banking operations under one roof as well as demonstrating our ongoing commitment to the local economy and wealth creation in the region," he added.
Andrew Miller, regional director for Barclays Wealth and Investment Management in Newcastle, said:
"As a combined team, we will be well-placed to advise across a wide range of circumstances: from entrepreneurs looking to take the next step with their business or families seeking support on inheritance and succession planning."
