Barclays Launches New World-Class Campus in Whippany, New Jersey

Barclays today announces the opening of a new campus in Whippany, New
Jersey. The state-of-the-art complex is a flagship site of Barclays’
global location strategy, which is designed to enhance the firm’s
flexibility and resiliency through the establishment of regional
campuses.

The Whippany campus brings together members of Barclays’ Chief Operating
Office – operations and technology – and functional teams from across
the Americas. The campus houses the very latest technology and
state-of-the-art working spaces, facilitating cooperation and innovation
across teams, and enhancing the firm’s ability to deliver for customers
and clients across the globe. Barclays purchased the entire campus in
May 2017.

The campus features a health center, a fitness center and onsite
childcare. It also has walking trails, as well as campus-wide WiFi. In
addition to the new facility, Barclays continues to invest in the
communities in which it works by partnering with Per Scholas to expand
programming to a new location in Newark, New Jersey. Per Scholas
provides tuition-free training for hundreds of people from the local
community, and collaborates with them to secure high quality jobs with
local employers. Being less than 20 miles from the new Barclays campus
at Whippany, the Per Scholas facility will also provide Barclays with
access to a diverse pipeline of technology talent.

Paul Compton, Group Chief Operating Officer at Barclays, said:
“This world-class campus will play a pivotal role in the execution of
Barclays’ long-term strategic priorities, bringing teams together into
new and vibrant working environments that accelerate innovation and
increase collaboration. This will help us serve our customers, clients
and shareholders, and attract and retain talent, as we shape the
Barclays of the future. Our investment and commitment represents a
historic milestone for Barclays’ operations in the Americas, and we have
worked closely with the State of New Jersey to bring this project to
fruition. We are very grateful for the state’s ongoing support as part
of the Grow NJ Assistance Program.”

“We applaud Barclays’ commitment to innovation in New Jersey through its
new world-class, 63-acre campus in Whippany, and also commend the
company’s philanthropic and citizenship efforts,” said Governor Phil
Murphy. “These investments in New Jersey play an important role in
strengthening our communities and enhancing the state’s economic
competitiveness. In particular, we are excited about Barclays’ support
for the launch of a Per Scholas program in Newark, which will provide
tuition-free technology skills training for hundreds of people from the
local community and support them into high-quality innovation economy
jobs.”

Barclays is a transatlantic consumer and wholesale bank offering
products and services across personal, corporate and investment banking,
credit cards and wealth management, with a strong presence in our two
home markets of the UK and the US. With over 325 years of history and
expertise in banking, Barclays operates in over 40 countries and employs
approximately 80,000 people. Barclays moves, lends, invests and protects
money for customers and clients worldwide. For further information about
Barclays, please visit our website home.barclays

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