Home banker: Top law firm partners with HSBC
Cambridge-anchored law firm Mills & Reeve has appointed HSBC UK as its leading banking partner following a competitive tender.
HSBC UK will now facilitate all the firm’s day-to-day banking requirements. As part of the move, Mills & Reeve re-financed a significant proportion of its partner capital loans.
Jennifer Parton, chief financial officer at Mills & Reeve, said: “HSBC UK quickly understood our needs and smoothly navigated us through the switch process.
“The bank’s seamless delivery was particularly impressive given the extra logistical challenges during the Covid-19 pandemic. The partner capital facility and the guidance from our HSBC UK senior relationship director, Chris Teale, has supported over 80 equity partners across the business to date and will pave the way for our continued future growth.”
Jason Smithers, HSBC UK Area Director for Cambridge, Essex and Suffolk, added: “We were delighted to be able to support the team at Mills & Reeve and we look forward to continuing to work with the firm to help realise its future growth ambitions.”
Mills & Reeve has offices in Cambridge, London, Norwich, Birmingham, Leeds and Manchester.