Indosuez Wealth Management opens office in Barcelona

Indosuez Wealth Management opens office in Barcelona

Indosuez Wealth Management has opened an office in Barcelona moving forward its growth plans in the Iberian market.

The office, located in 640 Diagonal, is led by the firm's regional director for Catalonia and the Balearic Islands Carlos Sensat, and will offer its clients private banking and financial advisory services.

The move is in line with Indosuez WM's expansion plans in Europe with a focus on Spain, where the firm has increased its assets under management by 33% over the past year amounting to €4bn at the end of September 2018.

Carlos Sensat, Indosuez WM Catalonia and the Balearic Islands regional director, said: "Both the credentials and characteristics of a global banking group like Crédit Agricole give an unique advantage to Indosuez when facing the challenge of growing in these Spanish regions, two of the Spanish regions with higher economic potential."