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Barclays set to bolster Paris trading hub with bigger offices

The UK lender is building out its ranks of traders in the French capital

New lease for larger offices shows the bank's appetite for Paris
New lease for larger offices shows the bank's appetite for Paris Photo: Thomas O'Neill/Getty Images

Barclays is set to move into a new, bigger office in Paris, as large banks increasingly build out their trading functions in the French capital after Brexit.

The UK lender has signed a 12-year lease for a new French headquarters on 52 Avenue Hoche in Paris and will take up the new space in 2024, it said in a statement.

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