Barclays has joined the UK Structured Products Association with immediate effect bringing total membership to 17 firms.Barclays is a British universal bank, diversified by business, by different types of customer and client, and geography. Businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by the service company which provides technology, operations and functional services across the Group.
Zak De Mariveles, Chairman of the UKSPA, says: “We are delighted to welcome Barclays, one of the most important banks in the UK, as a member of the UKSPA. The changing regulatory environment, combined with the many challenges facing investors today, mean it is more important than ever to have strong and influential trade bodies to provide an open forum that help shape the future of our industry.
“As we start a new year, we have a number of exciting projects planned to help meet our objectives of providing support and education to the wider investment community and we are delighted that Barclays will be involved in these projects and working alongside our existing members.”