If accepted, Barclays would become the third foreign bank that is a TASE member, after Citigroup Inc. and HSBC Holding plc.
Barclays Bank plc (LSE: BARC) has applied to become a member of the Tel Aviv Stock Exchange (TASE).
Barclays Bank has a branch in Israel, based on a foreign bank license issued by the Bank of Israel. Leonard Rosen is CEO of Barclays Israel.
If accepted, Barclays would become the third foreign bank that is a TASE member, after Citigroup Inc. (NYSE: C) and HSBC Holding plc (LSE: HSBA; HKSE: 005; NYSE, Paris: HBC).
Published by Globes [online], Israel business news - www.globes-online.com - on August 11, 2011
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