does Barklays Bank have any ownership of wells fargo bank?

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  • A.J.
    Lv 7
    1 month ago

    It doesn't appear there is any major ownership, but since Wells Fargo is a public company with stock available, it is possible to get passive investment shares in a subsidiary of Barclays. Also, in 1988: Wells Fargo acquired Barclays Bank of California from Barclays plc, but that was a cash transaction of $125 million and did not offer WF stock.

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