UK lender United Trust Bank (UTB) will move its offices to London’s financial district, after 10 years at New Zealand house in Haymarket.
Its directors agreed to take a new lease on offices in CityPoint near Moorgate station.
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The reason behind the move is the expansion of UTB’s team, which almost doubled over the past three years.
Harley Kagan, managing director of United Trust Bank, said: "This is a very exciting time for United Trust Bank. The business has grown substantially over the last few years as we’ve added new products and attracted a much wider broker base. Demand for our services continues to grow and we have plans to develop the business still further with additional new products and enhancements in the pipeline. With our recruitment drive set to continue throughout 2015, we needed to take decisive action.
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