Barclays Private Bank expands in France and Italy

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arclays Private Bank has planted a flag in France and Italy with appointments in Paris and Milan.

The UK-based bank aims to bring a range of advisory and discretionary products and services to family offices and UHNWIs in the countries.

Bernard Corneau and Carlo Baronio have been appointed as heads of Private Bank Coverage in France and Italy respectively. They will co-locate with the Barclays Corporate and Investment Banking teams in existing Barclays offices in Paris and Milan. Corneau joined the bank on 1 March 2021 and Baronio will join on 1 April 2021.

In addition, both will report to Pat McCormack, head of private bank, Barclays Europe. In their new roles and under the leadership of Gerald Mathieu, head of Private Bank Europe and Middle East, the two will connect clients to Barclays Private Bank European Bankers, Product Specialists and to Barclays Corporate and Investment Bank.

Bernard Corneau joins from Deutsche Bank Private Wealth Management where he was head of France. Carlo Baronio joins from Barclays Investment Bank where he was director in the Italian Debt Capital Markets Origination Team.

Jean-Christophe Gerard, CEO, Barclays Private Bank, said: “Barclays Private Bank has significant potential in Europe, and in France and Italy specifically, where we are investing for future growth.

“Having Private Bank professionals on the ground will enable the Private Bank to be closer to the needs of local clients whilst capitalising on our Dublin platform, from which we are building our EEA footprint. Our collaboration with Barclays leading Investment and Corporate Bank, which has a strong presence in these locations, will also enable us to bring bespoke solutions and banking products to Family Offices and UHNW clients in these regions.”