CaixaBank expands its London business
CaixaBank expands its London business
CaixaBank's UK branch has grown significantly in recent years and expects to reach 54 employees by 2027, representing a 60% increase in its workforce over the 2025-2027 Strategic Plan period. This growth reaffirms CaixaBank’s commitment to strengthening operations in key markets. It currently has a workforce of 43 people, 10 more than at the beginning of 2025.
To support the growth of the team and the areas of greater specialisation, CaixaBank's London branch moved last year to its new offices in the 550-square-metre 20 Fenchurch building, the emblematic building known as the "Walkie Talkie".
This move reflects CaixaBank's growing activity in London, focused on the corporate and structured financing business. CaixaBank supports complex operations with global scope in collaboration with large international financial institutions – particularly involving FTSE100 and FTSE250 companies- and in sectors such as energy, telecommunications and technology, construction and industrial, with a portfolio primarily comprising investment-grade credits.
The branch closed 2025 with a total investment of €8.0 billion, 48% higher than the previous year. In addition, UK project finance activity reached nearly €1.0 billion over the same period. Notable transactions included leading the syndicated financing for Scottish Power of over €1.6 billion for the development and construction of proprietary smart power grids and acting on the syndicated loan for ScottishPower Renewables’ East Anglia Three offshore wind farm. Other transactions included the project financing of the Calisen smart meter network and, in real estate, a significant London office development located at 70 St Mary Axe, also known as the "Can of Ham".
The UK branch also has a strong position in global transactional banking, with €1.6 billion financed across 32 factoring and supply chain finance programmes (financial solutions to optimise payments and collections between a company and its suppliers), in collaboration with international global banks.
CaixaBank's London office has also become an international platform supporting the Asset & Structured Trade Finance Business, a unit specialising in the design and structuring of global financing solutions. This activity mainly focuses on the naval, air and rolling stock sectors, as well as on relevant investments that are covered by export credit agencies or similar bodies.
CaixaBank's expansion in London underlines its commitment to sustainable economic performance and practices, ensuring a solid and diverse presence in the United Kingdom.