The bank branch will enable Barclays Bank to lend to its corporate clients and is complementary to the investment banking and capital markets services offered by Barclays Capital through its existing Canadian presence.
Jerry del Missier, president of Barclays Capital and a member of the executive committee at Barclays Bank, said: “The bank branch secured in Canada underscores our commitment to the country and to our goal of addressing our institutional and corporate client needs globally.”
Sandra Godard, principal officer of Canada branch at Barclays, said: “This is another milestone in the evolution of our Canadian franchise. It is an important part of our Canadian strategy and will help us to deploy all of Barclays Bank’s capabilities to our investment banking clients.”
