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Pandit defends Wachovia bid
Vikram Pandit, Citigroup's chief executive, has defended his handling of the company's bid for Wachovia, accusing the Charlotte, North Carolina-based bank of reneging on a nearly done deal when Wells Fargo launched a counterbid to "steal" the lender
Financial Times  –  5 hours, 11 minutes ago  –  comment?
found in Business: Companies
Source: Wells may acquire 80% of Wachovia
Wells Fargo & Co. is likely to get about 75 percent to 80 percent of Wachovia Corp.'s deposits, while Citigroup is likely to get closer to 20 percent to 25 percent of the deposits.
MSNBC.com  –  6 hours, 31 minutes ago  –  comment?
found in Business
Wells Fargo, Citigroup may split Wachovia deposits: report
Wells Fargo & Co. may get as much as 80% of Wachovia Corp.'s deposits, with the remainder likely going to Citigroup Inc., according to a published report.
MarketWatch.com  –  8 hours, 26 minutes ago  –  comment?
found in Business
Wells Fargo could get 80% of Wachovia deposits: report
SAN FRANCISCO (MarketWatch) -- Wells Fargo & Co. is expected to get 75% to 80% of Wachovia Corp.'s deposits, while Citigroup Inc. will get more like 20% to 25%, Reuters reported Tuesday, citing a source briefed on the matter. On Monday, Wells Fargo, Citigroup and Wachovia agreed to a stand ... more »
MarketWatch.com  –  8 hours, 51 minutes ago  –  comment?
found in Business: Markets
Photo from Yahoo! Wells seen winning 75-80 percent Wachovia deposits: source
Reuters - Wells Fargo & Co is likely to get about 75 percent to 80 percent of Wachovia Corp's deposits, while Citigroup is likely to get closer to 20 percent to 25 percent of the deposits, a person briefed on the matter said on Tuesday.
Yahoo!  –  8 hours, 52 minutes ago  –  comment?
found in Business
Woe Is Wachovia
As we mentioned last week, Citigroup was said to be buying Wachovia with the help of the U.S. government.Citigroup had agreed to buy Wachovia's assets for $2.1 billion in a deal which was brokered by the Federal Deposit Insurance Corp. But, then on Friday, Wells Fargo upped the offer by saying ... more »
PerezHilton.com  –  10 hours, 18 minutes ago  –  comment?
found in Entertainment: Celebrity Gossip
Wachovia, Citigroup, Wells Agree To Standstill
Wachovia, Wells Fargo and Citigroup have agreed to a standstill of all formal litigation activity -- a sign that the three banks and the Federal Reserve are working feverishly to reach an agreement over Wachovia's fate.
KKTV.com  –  11 hours, 57 minutes ago  –  comment?
found in Local: Colorado: Colorado Springs
Wachovia, Wells Fargo Sued by Citigroup for $60B
Citigroup has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 bill....
Memphis Daily News  –  12 hours, 52 minutes ago  –  comment?
found in Local: Tennessee: Memphis
Citigroup, Wachovia, Wells Fargo temporarily halt litigation
Citigroup Inc., Wachovia Corp. and Wells Fargo & Co., in consultation with the Federal Reserve, have agreed to a two-day standstill on litigation in an effort to reach a resolution on the sale of the Charlotte bank.
Triangle Business Journal  –  14 hours, 24 minutes ago  –  comment?
found in Local: North Carolina: Raleigh-Durham
Today's events 10/07
TODAY 7 a.m. - Concho Valley Farmers Market, Paseo Pavilion, 609 S. Oakes St. 11 a.m. - 17th annual Business Showcase, Wells Fargo Pavilion, 50 E. 43 St.
GoSanAngelo.com  –  22 hours, 49 minutes ago  –  comment?
found in Local: Texas: San Angelo