Barclays Sees 200 New Paris Jobs in Post-Brexit Trading Push

  • Lender expects to have 500 local staff in two to three years
  • Bank has leased a new, larger building near Arc de Triomphe
The Arc de Triomphe on the city skyline in Paris.

Photographer: Benjamin Girette/Bloomberg

Lock
This article is for subscribers only.

Barclays Plc expects to increase its headcount in Paris by about two thirds in the next two to three years, as the French capital increasingly becomes the main trading hub in continental Europe for global lenders after Brexit.

The London-based bank, which employs roughly 300 staff in Paris, believes it could generate enough business from the office to add about 200 more people by 2025 to 2026, Francesco Ceccato, chief executive officer for Barclays Europe, said in an interview.