Barclays Wins Partial Approval For Brexit Transfers

Law360, London (January 29, 2019, 4:58 PM GMT) -- A London judge on Tuesday said Barclays PLC could pursue plans to transfer part of its European business in the U.K. to an Irish subsidiary in preparation for a no-deal Brexit, though he blocked it from moving customers who only ever made certain trades with its investment banking subsidiary. 

The 31-page judgment handed down by High Court Judge Richard Snowden on Tuesday morning signs off on plans for Barclays Bank PLC to transfer elements of its business to to Barclays Bank Ireland PLC.

But Judge Snowden barred Barclays Capital Securities Ltd. from moving certain customers who only ever dealt with the investment subsidiary and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS