Photo: Tim Goode/PA WireUK banking giant Barclays has confirmed it is proceeding with a plan to move its European Union (EU) headquarters from Dublin to Paris, but continues to have “significant ambitions” for its business in Ireland. Barclays and Bank of America were the only major international banks to choose Dublin as their main banking hub in the union following the vote. Barclays Bank Ireland, the registered name of Barclays Europe, dates to 1978, but had only about €3 billion of assets at the time of the Brexit referendum. Barclays Bank Ireland swung into a net profit of €268 million in the first half of last year from a €102 million loss for the same period last year. Barclays Europe is seeking necessary legal and regulatory approvals to convert its corporate form into a European public limited company, or Societas Europaea (SE).

Source: The Irish Times January 21, 2026 14:48 UTC