Banco Barclays S.A. is engaged in the provision of commercial banking, investment banking and related financial services. Primary banking services and products include foreign exchange operations, mortgage loans, credit and leasing operations, asset management, and securities brokerage in the primary capital markets, derivative products, and investment management services. The company was formerly known as Banco Barclays e Galicia S.A. The company was founded in 1973 and is based in Sao Paulo, Brazil. As of August, 2001, Banco Barclays S.A. operates as a subsidiary of Barclays Bank PLC.