Barclays Wealth has decided to locate all its London-based bankers and client support staff under one roof at its Canary Wharf headquarters, WealthBriefing can exclusively report.

In addition to Churchill Place in Canary Wharf, the wealth management firm operates out of two premises in Mayfair in London’s West End – 43 Brook Street and 59 Grosvenor Street.

WealthBriefing understands that the move will likely be early in 2010 but that the firm’s flagship Brook Street offices will be retained as a client meetings facility.

“There are two key objectives we are meeting here. Firstly, to stay close to our clients and better meet their needs; secondly, to further strengthen our offer through the synergies to be gained in bringing all our teams together,” Mark Kibblewhite, managing director and head of Barclays Wealth’s UK & Ireland Private Bank, said.

“We will be maintaining a West End presence for our clients by keeping our Brook Street offices open exclusively for client meetings; in addition, of course, to the extensive meeting facilities in our Canary Wharf headquarters for clients who prefer to fly into London City Airport,” he said.

“By concentrating all our London teams into a single building, we can take advantage of the infrastructure capability Barclays Wealth has built within our global headquarters and our bankers will have easier access to the expertise available within Barclays Capital and Barclays Commercial. This will improve both our operational capability and, most importantly, our service to our clients,” Mr Kibblewhite added.