Mirabaud Group, one of the oldest Swiss private banking firms, has founded a new branch of Mirabaud Securities in Spain.

The new branch, which will consolidate all institutional brokerage operations, is currently run by Mirabaud Finanzas in Spain, and will work directly with all of the group’s other global brokerage operations in London, Geneva, Dubai and Hong Kong.

The new Spanish branch of Mirabaud Securities will remain under the management of Javier Colas Gomez de Barreda.

“The creation of a Spanish branch is a natural extension of our existing European institutional equity sales business, and can only serve to strengthen the products and services we already offer our clients," said Giles Morland, head of intermediation and partner of the Mirabaud Group.

The Mirabaud Group employs around 625 staff and has offices in Switzerland (Geneva, Basel, and Zurich), Europe (London, Paris, Madrid, Barcelona, Valencia and Luxembourg) and the rest of the world (Montreal, Hong Kong and Dubai).