CYBG, owner of Clydesdale
Bank, has announced plans for a new Head Office, signing a lease on
office space to be built on Bothwell Street, in the heart of the
IFSD.
The move demonstrates the Bank's long-term commitment to the
city, supporting its view that Glasgow is a key location for the
financial services industry.
Currently, CYBG employees are located at various different sites
in the city, including the current Head Office in St Vincent Place.
Lease expiry dates presented an opportunity to review the bank's
property portfolio and consider a new approach.
David Duffy, CEO of CYBG, said: "Glasgow has a vibrant business
community and a thriving financial services community, which we
enjoy playing an active part in and there is no question about the
benefits of having all our city centre employees in one central
location, in the heart of the financial district.
"The wealth of talent in this part of the country is
exceptional, with highly regarded education and training
institutions on our doorstep - the new office will improve our
operating environment, helping to retain and attract
talent.
We are also embracing technology and innovation, evolving the
way we work across all parts of our business".