From NPR News, this is All Things Considered. I'm Robert Siegel. This week began with news of a big merger between two banking giants, Wachovia and Citigroup. Well, now it seems that Citigroup has ...
CEO John Stumpf celebrates multi-year conversion of more than 3,000 retail stores “This is an historic occasion for our company,” noted Stumpf. “When we started planning this complex process three ...
Citigroup Inc. walked away from its attempt to buy Wachovia Corp., handing victory to Wells Fargo & Co. in a struggle for the nation’s sixth-biggest bank. Citigroup said today that it won’t interfere ...
NEW YORK — In an abrupt change of course, Wachovia said Friday it agreed to be acquired by San Francisco-based Wells Fargo & Co. in a $15.1 billion all-stock deal, trumping rival suitor Citigroup's ...
NEW YORK — In an abrupt change that avoids government assistance, Wachovia said Friday it agreed to be acquired by Wells Fargo & Co. in a $15.1 billion all-stock deal that trumps Citigroup’s plan to ...
NEW YORK - A battle broke out Friday for control of Wachovia, as Wells Fargo agreed to pay $14.8 billion for the struggling bank, while Citigroup and federal regulators insisted that Citi's earlier ...
Shares of Wachovia Corp. jumped 43 percent yesterday after its acquisition by Wells Fargo & Co. was sealed, creating the largest U.S. bank by branches. Wells Fargo rose 3.9 percent. "I believe this is ...
All remaining Wachovia banks will become Wells Fargo by mid-October. Virginia's conversion should be completed in August. Here is a press release from Wells Fargo: Wells Fargo & Company (NYSE: WFC) ...
Citigroup, which agreed to buy the troubled bank, objected. The FDIC said it is standing behind Citi. NEW YORK — A battle broke out Friday for control of Wachovia, as Wells Fargo agreed to pay $14.8 ...
NEW YORK (Reuters) - Wachovia Corp will pursue a deal to sell itself to banking rival Wells Fargo & Co. despite an attempt by Citigroup Inc to block the deal, with a showdown in court set for Tuesday.
MortgagePress.com MBA, loan servicers, ranking, master and primary servicing The Mortgage Bankers Association (MBA) recently released its mid-year ranking of commercial and multifamily loan servicers ...
NEW YORK/WASHINGTON (Reuters) - Wells Fargo & Co and Citigroup Inc agreed on Monday to a 44-hour truce in their fight over regional bank Wachovia Corp after a weekend of legal wrangling. Wells Fargo ...
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