As part of Barclays strategy to become Simpler, Better and More Balanced, we will undertake a multi‑year strategic project to simplify our legal entity structure. The aim is to enhance the efficiency of our operating model, while continuing to deliver consistent service to clients.
As part of this project, most activity currently conducted through Barclays Capital Securities Limited (BCSL) will migrate into Barclays Bank PLC (BBPLC), its parent company. The programme will be delivered in a phased and controlled manner, considering the scale and complexity of the activities involved and our relentless focus on providing world-class service for our clients.
This project is designed to reduce structural complexity, increase automation of operational processes, and support a more resilient and scalable platform. Client experience is a central consideration, with the programme structured to ensure continuity of product and service delivery.
Barclays Investment Bank will continue to offer its full range of products and services following the migration of activity. In some cases, clients will be required to update operational arrangements or legal documentation as a result of this change. Our team will engage directly with affected clients to discuss requirements, agree timelines and offer ongoing support.
This project underscores our ongoing commitment to simplify our business and invest in an operating model designed to both support clients and position Barclays for growth over the long term.