does Barklays Bank have any ownership of wells fargo bank?

1 Answer

  • 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.

    • Login to reply the answers
Still have questions? Get your answers by asking now.