Barclays Wealth to Create 500 New Jobs in Glasgow

By Tim Clark, Wall Street & Technology

In an effort to meet its rapid expansion in Scotland, UK-based Barclays Wealthrecently announced that it will create 500 jobs in Glasgow over the next three years.The roles will be largely focused on building a solid infrastructure operation to support the business as it grows. Barclays Wealth, which is already based in four sites in Glasgow, has secured four floors in the city's prestigious Aurora building to house its expanding workforce. Barclays Wealth is a top 10 employer in Glasgow, already employs 1,200 staff in the city and first entered Glasgow with the launch of Barclays Stockbrokers in 1986. This, combined with Glasgow's growing reputation as an important European financial services center, makes the city a natural place to create an infrastructure hub for the business' growing operations. Frank McGarahan, chief operating officer, Barclays Wealth, said; "Barclays Wealth has ambitious growth plans and we need to build on our existing infrastructure capability to meet the demands of our growing client base and increased global presence. We aim to add 500 roles within the next three years, which we believe will be critical in enabling us to deliver a first class service to our clients. Barclays Wealth is part of the Barclays Group, which operates in more than 60 countries and employs more than 113,000. To learn more about Scotland's growing financial services sector, check out these recent blogs.