Jul 14, 2017

Barclays in talks to expand Dublin office post-Brexit

Barclays is in talks with Irish regulators about expanding its presence in Dublin in the run up to Brexit. Barclays currently employs about 100 staff in Dublin and the bank said it was talking to regulators over extending its licence there. Ireland's Government Enterprise and Innovation Minister Frances Fitzgerald said Barclays decision to expand its presence in Dublin was "a strong vote of confidence in Ireland's growing importance as a gateway into the single market". Dublin appears to be well-placed in the race to pick up business from financial firms as they plan their post-Brexit strategies. US bank JP Morgan is buying a Dublin office with space for 1,000 staff and its chief executive has also held a meeting with the Irish prime minister.

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