- Wachovia Q3 loss paves way for Wells deal
How could a $24 billion loss possibly be good news? When it comes from Wachovia as an effort to primp itself for its acquisition by Wells F...
23 Oct, 2008, 03.55 AM IST
- Wells Fargo CEO will try to retain Wachovia staff
The chief executive of Wells Fargo made no promises about job losses Wednesday when he addressed a crowd of Wachovia Corp. employees, but s...
16 Oct, 2008, 05.45 AM IST
- Feds push Citigroup, Wells Fargo on Wachovia deal
Federal officials continued their fervent quest to reach an agreement between Citigroup and Wells Fargo over the fate of Wachovia Corp. Top...
09 Oct, 2008, 06.32 AM IST
- Wachovia, Citigroup, Wells Fargo extend litigation halt
Citigroup and Wells Fargo have agreed to extend their legal standstill in the fight for Wachovia until Friday morning. Top US bank failures...
09 Oct, 2008, 12.20 AM IST
- Citigroup sues Wachovia, Wells Fargo, for $60 bn
Citigroup on Monday sued rival Wells Fargo & Co and Wachovia for $60 bn in punitive and compensatory damages.
07 Oct, 2008, 09.21 AM IST
- Court tilts Wachovia fight toward Wells Fargo
The battle for control of troubled bank Wachovia tilted toward Wells Fargo on Sunday as a federal judge temporarily block a New York state ...
06 Oct, 2008, 06.43 AM IST
- Citi keeps Wachovia bid alive with a court order
Citigroup said a New York state court judge granted an order extending the bank’s “exclusivity agreement” with Wachovia, after Wells Fargo ...
06 Oct, 2008, 01.51 AM IST
- Wachovia to press ahead with Wells deal
US bank Wachovia, caught in a fight between Wells Fargo and Citigroup, said it will press ahead with its deal to sell itself to Wells Fargo...
06 Oct, 2008, 12.15 AM IST
- Wells Fargo blocked from buying Wachovia: Citi
The fight over control of Wachovia intensified on Saturday, as a judge temporarily agreed to block the sale of the bank by Wells Fargo, Cit...
05 Oct, 2008, 11.30 AM IST
- Wachovia asset sale likely to hit Genpact
India’s largest BPO provider, Genpact, is likely to take a hit from the sale of Wachovia’s assets to Citigroup.
01 Oct, 2008, 01.32 AM IST
- Citi agrees to buy Wachovia
Citigroup will acquire the banking operations of Wachovia, rescuing the Charlotte, North Carolinabased lender beset by mortgage losses for ...
30 Sep, 2008, 05.57 AM IST
- Citigroup to buy Wachovia banking operations
Citigroup agreed Monday to purchase Wachovia's banking operations for $2.1 billion in a deal arranged by federal regulators, making the Cha...
30 Sep, 2008, 05.24 AM IST
- Wachovia loses $8.9B, cuts 6,350 workers, dividend
Wachovia Corp. reported a surprisingly large second-quarter loss on Tuesday, deflating Wall Street's hopes that the nation's big banks are ...
23 Jul, 2008, 12.25 AM IST
- US bank Wachovia ousts CEO
Wachovia, one of America's biggest banking groups, said on Monday that its chief executive Ken Thompson was leaving the bank at the request...
02 Jun, 2008, 07.19 PM IST
- Wachovia in more trouble over LatAm business ties
Wachovia’s business practices drew scrutiny for the second time in as many days after a report that the bank has been ensnared in a federal...
28 Apr, 2008, 04.31 AM IST
- Wachovia in more trouble over LatAm business ties
Wachovia’s business practices drew scrutiny for the second time in as many days after a report that the bank has been ensnared in a federal...
28 Apr, 2008, 04.25 AM IST
- Wachovia to get $ 7 bn investment: Report
Wachovia Corp on Sunday was hammering out the final terms of a deal that would provide a capital infusion of several billion dollars from o...
14 Apr, 2008, 06.23 AM IST