Barclays Bank Canada
From Wikipedia, the free encyclopedia
Barclays Bank of Canada was a unit of Barclays Bank PLC. The Canadian unit was incorporated in 1929, and was later acquired by Imperial Bank of Canada, a predecessor of CIBC. In 1979 Barclays established a new Canadian subsidiary which was bought by HSBC in 1996.
A non-banking subsidiary of Barclays Group, Barclays Global Investors Canada Limited, is based in Toronto and administers iShares, exchange-traded index funds.
In addition to Barclays, HSBC acquired other Canadian banks, including:
- Bank of British Columbia
- Lloyds Bank Canada