News Topic - Wachovia
Articles 91 - 100 of most recent articles
Citigroup abandons Wachovia takeover and leaves Wells Fargo to take control
Citigroup abandoned its government-backed takeover of rival US bank Wachovia last night, ceding control of the tottering institution to Wells Fargo, a smaller bank which made a private bid for the company late last week.
The Independent – Oct 9, 2008 11:00 PM [GMT] – comment?
found in Top Stories
Citigroup abandoned its government-backed takeover of rival US bank Wachovia last night, ceding control of the tottering institution to Wells Fargo, a smaller bank which made a private bid for the company late last week.
The Independent – Oct 9, 2008 11:00 PM [GMT] – comment?
found in Top Stories
Citigroup ends Wachovia disputeUS financial giant Citigroup says it will not seek to bar Wells Fargo from taking over troubled bank Wachovia.
BBC News – Oct 9, 2008 10:48 PM [GMT] – comment?
found in Business
Citi ends talks with Wells FargoBanking giant Citigroup said Thursday it had ended talks with Wells Fargo about reaching an agreement to acquire parts of the struggling bank Wachovia and is no longer looking to buy any of Wachovia's assets.
CNNMoney.com – Oct 9, 2008 10:42 PM [GMT] – comment?
found in Business: Companies
Citi ends talks on Wachovia
Citigroup cleared the way for Wells Fargo to acquire Wachovia by ending talks that would have divided the troubled Charlotte bank between Wells and Wachovia. (WFC) (BAC) (JPM)
bizjournals.com – Oct 9, 2008 10:32 PM [GMT] – comment?
found in Technology: Software
Citigroup cleared the way for Wells Fargo to acquire Wachovia by ending talks that would have divided the troubled Charlotte bank between Wells and Wachovia. (WFC) (BAC) (JPM)
bizjournals.com – Oct 9, 2008 10:32 PM [GMT] – comment?
found in Technology: Software
Citi drops out of Wachovia talks
Citigroup Inc. has ended its negotiations with Wells Fargo & Co. on finding a compromise over their competing bids for Wachovia Corp. (C) (WB) (WFC)
Sacramento Business Journal – Oct 9, 2008 10:19 PM [GMT] – comment?
found in Local: California: Sacramento
Citigroup Inc. has ended its negotiations with Wells Fargo & Co. on finding a compromise over their competing bids for Wachovia Corp. (C) (WB) (WFC)
Sacramento Business Journal – Oct 9, 2008 10:19 PM [GMT] – comment?
found in Local: California: Sacramento
Wells Fargo claims Wachovia as Citi walks away
Wells has offered $15 billion for the bank that is a major employer in Birmingham.Citigroup Inc. walked away from its attempted purchase of Wachovia Corp. today, handing victory to Wells Fargo & Co. in a struggle for the nation's sixth-biggest bank. Wachovia is a major employer in Birmingh ... more »
al.com - Everything Alabama – Oct 9, 2008 10:15 PM [GMT] – comment?
found in Local: Alabama: Birmingham
Wells has offered $15 billion for the bank that is a major employer in Birmingham.Citigroup Inc. walked away from its attempted purchase of Wachovia Corp. today, handing victory to Wells Fargo & Co. in a struggle for the nation's sixth-biggest bank. Wachovia is a major employer in Birmingh ... more »
al.com - Everything Alabama – Oct 9, 2008 10:15 PM [GMT] – comment?
found in Local: Alabama: Birmingham
DealBook: Citi Withdraws From Wells Fargo Talks
Citigroup said that it has ended discussions with Wells Fargo over a proposed carve-up of Wachovia, ending a detente in a heated battle to take over the troubled Charlotte bank.
New York Times – Oct 9, 2008 10:13 PM [GMT] – comment?
found in Business
Citigroup said that it has ended discussions with Wells Fargo over a proposed carve-up of Wachovia, ending a detente in a heated battle to take over the troubled Charlotte bank.
New York Times – Oct 9, 2008 10:13 PM [GMT] – comment?
found in Business
Gainey, Wachovia battle over loan default
The first day of a court hearing between the Gainey Corporation and Wachovia Bank over $238 million in defaulted loans focused on the terms of the loans involved.
WOODTV.com – Oct 9, 2008 10:10 PM [GMT] – comment?
found in Local: Michigan: Grand Rapids
The first day of a court hearing between the Gainey Corporation and Wachovia Bank over $238 million in defaulted loans focused on the terms of the loans involved.
WOODTV.com – Oct 9, 2008 10:10 PM [GMT] – comment?
found in Local: Michigan: Grand Rapids
Citi Ends Wachovia Talks
Citigroup said it has ended negotiations with Wells Fargo in the fight to acquire Wachovia. Citi said it believes it has strong legal claims against Wachovia and Wells Fargo for breach of contract and plans to pursue them vigorously. (Citi's statement)
Wall Street Journal – Oct 9, 2008 9:59 PM [GMT] – comment?
found in Business: Markets
Citigroup said it has ended negotiations with Wells Fargo in the fight to acquire Wachovia. Citi said it believes it has strong legal claims against Wachovia and Wells Fargo for breach of contract and plans to pursue them vigorously. (Citi's statement)
Wall Street Journal – Oct 9, 2008 9:59 PM [GMT] – comment?
found in Business: Markets
After Hours: Wachovia climbs after Citigroup ends negotiations
Shares of Wachovia Corp. surge nearly 40% in late trade after Citigroup Inc. says it has ended negotiations to buy the bank.
MarketWatch.com – Oct 9, 2008 9:55 PM [GMT] – comment?
found in Business
Shares of Wachovia Corp. surge nearly 40% in late trade after Citigroup Inc. says it has ended negotiations to buy the bank.
MarketWatch.com – Oct 9, 2008 9:55 PM [GMT] – comment?
found in Business