Barclays has opened a new office at Guildford in Surrey for its corporate banking department with its wealth and investment management division, according to E3 Consulting.
The new office, which is located at Ranger House in the centre of town, will comprise corporate banking relationship directors, private bankers and wealth advisors.
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The new office operation will support business and private clients across Surrey and north Hampshire.
The launch of the new office follows the bank’s decision to base a dedicated wealth and investment management team in Guildford because of the growing affluence of the surrounding area.
A study from Barclays has revealed that there were 287,000 millionaires in London and the South East in 2011, and expected this would rise by 35% by 2020.
Dawn Jacobs, corporate director at Barclays, said: "Eight of our specialist sector relationship directors will be based at the offices who are working with clients every day to help them to invest and grow their businesses.
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By GlobalData"The extra office accommodation will also provide us with the ability to host in-house networking events," Jacobs added.
