SubscribeAll Posts Tagged With: "wachovia"
Here’s Why the Stock Market Relief of Late Last Week May Not Last
While investors remain extremely concerned about the volatility of the U.S. stock market, the weakness of the American economy and the uncertainty of the global…
20Oct2008 | Money Morning | Comments Off | ContinuedCitigroup Concedes Wachovia to Wells Fargo
The much-ballyhooed battle between Citigroup Inc. (C) and Wells Fargo & Co. (WFC) ended with a whimper Friday, as Citi gave up its pursuit of…
13Oct2008 | Money Morning | Comments Off | ContinuedTemporary Litigation Halt as Citigroup and Wells Fargo Continue to Vie for Wachovia
After a day of dueling lawsuits yesterday (Monday), all parties agreed to halt litigation for two days as Citigroup Inc. (C) and Wells Fargo &…
7Oct2008 | Money Morning | Comments Off | ContinuedCitigroup Takes Issue with Wells Fargo Bid for Wachovia
Wells Fargo & Co. (WFC) Friday agreed to buy all of Wachovia Corp. (WB) for about $15 billion in stock, however, Citigroup Inc. (C), which…
6Oct2008 | Money Morning | Comments Off | ContinuedGlobal Investing Roundups
Mitsubishi Seeks CA Bank; Bargain Hunters Boost TJX; BP Takes Precautions in Georgia; LDK Shines in Second Quarter; Trade Deficit Shrinks on Record Exports; Budget…
13Aug2008 | Money Morning | Comments Off | ContinuedWachovia CEO Thompson Shown the Door After 32 Years of Service, WaMu’s Killinger Steps Down as Chairman
G. Kennedy Thompson, formerly Wachovia Corp.’s (WB) chief executive officer, can now be added to the list of high-profile subprime casualties that already includes Citigroup…
3Jun2008 | Money Morning | Comments Off | Continued
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