Barclays And Wells Fargo Held Merger Talks, Says UK Press Report

Barclays has held merger talks with Wells Fargo, according to a report in the Sunday Express, a British newspaper. The report claims talks were held in October and November, and are likely to resume after the Christmas hiatus. Wells Fargo

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Barclays has held merger talks with Wells Fargo, according to a report in the Sunday Express, a British newspaper. The report claims talks were held in October and November, and are likely to resume after the Christmas hiatus. Wells Fargo has a stock market value of over $100 billion, while Barclays is valued at $72 billion. Barclays was the subject of much bid speculation last year, with Citigroup and Bank of America identified as the likeliest buyers.

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