Barclaycard, the credit card division of Barclays PLC, advances the strategy to create international Barclaycard business. The company opens a new administrative office in Long Island City, New York hiring more than 200 employees for the new location within the next 12 months.
Primarily the office will be concentrated on credit risk with additional corporate finance and market analytics functions, and will support Barclaycard’s operations globally including its US business headquartered in Wilmington, Delaware.
The launch of new office means a diverse range of credit card businesses in the US, Europe, Africa and Asia. As part of the 15-year lease, the company will occupy nearly 66,600 square-feet of space on three floors – part of which will be shared with Barclays Global Payments division. The new Barclaycard office is located at 27-01 Bridge Plaza North, One MetLife Plaza, Long Island City, New York.
“The new New York office represents an important first step in advancing our strategy of creating a truly global Barclaycard business, with roles and functions located wherever we can recruit the best people,” says Antony Jenkins, CEO, Barclaycard. “Having spent more than ten years working in the city, I know that New York has a large pool of incredibly talented and experienced financial professionals that Barclaycard can draw upon to strengthen and grow its global operations.”
L.D.