Barclays’ €565m German operation will move to Ireland

30th December, 2018

The British bank Barclays has valued a part of its business that it is moving to Ireland as a result of Brexit at €565 million, according to company filings.

Barclays is shifting huge swathes of its European operations to its Irish branch ahead of Britain’s exit from the EU next year, so that it can still serve clients. As part of the transfer, many of its continental units will now be run from its Irish...

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