Sydney, 18 May 2022 – Barclays today announced that it has increased its shareholding in Barrenjoey Capital Partners (“Barrenjoey”) from 9.9% to 18.2% by way of subscribing for A$75m (c.£42m) of new capital.
Barclays today announced that the Australian Prudential Regulation Authority (APRA) has authorised Barclays Bank PLC to operate as a foreign authorised deposit-taking institution (ADI) in Australia. Barclays Bank PLC Australia Branch is targeted to go-live as a foreign bank branch locally in April 2022.