Sunday Express, a tabloid newspaper from the UK reported an anonymous source claiming to be an insider to merger talks between Wells Fargo Bank and Barclays Bank. The rumoured merger would be a radical break in the kinds of mergers Wells Fargo has done and has said it will continue to do (it is assumed that Wells with the higher market capitalization would be the buyer). Wells Fargo has previously shown no desire to engage in retail banking outside the United States, and has only expanded internationally in its Consumer Finance business and with certain business services.
sunday express a tabloid newspaper from the uk reported an anonymous source claiming to be an insider to merger talks between wells fargo bank and barclays bank the rumoured merger would be a radical break in the kinds of mergers wells fargo has done and has said it will continue to do it is assumed that wells with the higher market capitalization would be the buyer wells fargo has previously shown no desire to engage in retail banking outside the united states and has only expanded internationally in its consumer finance business and with certain business services