Closure of Clarien’s old Hamilton HQ ‘will not affect jobs’
Updated: Jan 12, 2023 01:51 PM
The former headquarters of Clarien Bank on Reid Street has gone back to its owner (File photograph)
No Clarien employees have been laid off as a result of the bank closing its old headquarters in Hamilton, the company said this week.
The move, announced last Friday, also means that the premises at 19 Reid Street will be returned to the landlord, according to Michael DeCouto, chief digital and marketing officer for the bank.
Clarien occupied the building in 2004 under its former name of Capital G.
The closure without redundancies was attributed to Clarien’s shift to digital banking last year. The bank’s new flagship location is at Point House on Front Street
The Reid Street building is the former home of the Knick Knack department store.
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Published January 12, 2023 at 7:54 am (Updated January 12, 2023 at 1:51 pm)
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