Barclays gets Australian banking licence in expansion push

Barclays gets Australian banking licence in expansion push

A man rides a bicycle past a Barclays bank in London August 5, 2010. REUTERS/Suzanne Plunkett

UK-based Barclays Plc said on Monday it had received approval from Australia’s prudential regulator to operate as a foreign bank in the country, as the lender continues its expansion into high-growth markets.

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