Barclays sets up Taiwan subsidiary, to offer brokerage services

Barclays sets up Taiwan subsidiary, to offer brokerage services

The logo of Barclays bank is seen at its office in the Canary Wharf business district of London April 1, 2013. REUTERS/Chris Helgren

British bank Barclays Plc said on Wednesday it had received approval from Taiwanese authorities to set up a subsidiary, providing brokerage and underwriting services to its global and Taiwanese corporate and institutional clients.