"The ADI license granted to Barclays is an important step in demonstrating to clients our commitment to the Australian financial market," added Richard Satchwell. "Barclays has built momentum steadily in our business over the past few years. We announced our strategic investment in Barrenjoey Capital Partners in September 2020, and are already seeing results of the investment with a strong pipeline of transactions one year on. Today's news on the ADI license is another landmark and will further accelerate our plans to deepen the dialogue with Australian and global clients looking for opportunities in Australia." Barclays re-established its Australia office in 2018 and has been providing global financing solutions to local clients. Barclays is a corporate and investment bank in Asia Pacific and is present in key markets including Australia, China/Hong Kong SAR, India, Japan and Singapore.