Barclays announces further Non-Core disposals: sale of the UK Trusts business completes

Barclays press release -------- Barclays PLC today announces that it has completed the sale of its UK Trusts business to ZEDRA. ZEDRA is an independent global specialist in trust, corporate and fund services, with offices in 11 jurisdictions. While an attractive business with strong growth potential, the UK Trusts business is no longer central to Barclays’ strategy and was moved to Barclays Non-Core. The sale was announced in October 2016. Harry Harrison, Head of Barclays Non-Core, said: “The sale of our UK Trusts business is another example of the simplification of Barclays and further progress towards closing Barclays Non-Core on 30th June 2017.” To learn more click on the picture below to read the release.