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Barclays boosts lending in Asia trade

BARCLAYS Plc has ramped up the business of financing trades for investors in Asia, part of a global plan to expand its markets franchise as rivals have scaled back. The financing business’ share of overall Asian market revenue almost doubled from a year ago and is now close to matching…

Cybersecurity Startup Blackpanda Raises US$15M

Singapore-based cybersecurity company Blackpanda has raised $15m for its Series A, which was co-led by Primavera Venture Partners and Gaw Capital Partners. With the capital, Blackpanda plans to expand its technology-enabled cybersecurity services, including digital forensics and incident response. The CyberTech will also continue the development of its AI and machine learning

Barclays strengthens strategic partnership with Barrenjoey Capital Partners

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 granted license to operate as a foreign ADI in Australia

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.

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