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16 April, 2019 - 11:16 By Kate Sweeney

Private bank opens Cambridge office

 Ellie Newell and Peter Gale

C. Hoare & Co., the UK’s oldest privately-owned bank, has established a footprint in Cambridge by opening an office at Milton Hall.

It will initially be staffed by relationship managers Peter Gale and Ellie Newell and will look to attract new customers in the Cambridge area.

In a joint statement, the partners of C. Hoare & Co. said: “The opening of our new office in Cambridge represents a natural springboard from which to expand our regional footprint. 

“As a bank we have a strong offering for entrepreneurs and this resonates with Cambridge establishing itself as a home for innovative and fast-growing businesses, particularly in the science and technology sectors. 

“More broadly, we also look forward to building new customer relationships with some of the region’s large agricultural businesses and estates, an area in which we also have a strong heritage. 

“We believe that we can offer a private banking service that is unique to Cambridge, providing a truly bespoke and personal relationship led approach. 

“It is an exciting opportunity for us to grow our presence over the longer-term and we look forward to further strengthening relationships with new and existing clients in Cambridge and the surrounding area.”

Relationship managers Ellie Newell and Peter Gale.

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