Search for: "WACHOVIA BANK/WELLS FARGO"
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6 Oct 2008, 4:51 pm
Citigroup finally filed its complaint against Wachovia, Wells Fargo and a slew of other individuals in New York state court on Monday. [read post]
6 Oct 2008, 4:05 pm
The fight between Citigroup and Wells Fargo for the remains of Wachovia moved into North Carolina's courts this weekend. [read post]
6 Oct 2008, 2:16 pm
Part of the reason why Wells Fargo is now willing to acquire Wachovia is because the IRS announced last week that it will allow Wells Fargo to offset its income by all of Wachovia's losses. [read post]
6 Oct 2008, 12:37 pm
As reported by the New York Times Sunday morning, Ramos temporarily blocked the Wells Fargo deal from moving forward following a Saturday hearing on Citi's motion (the bank has not technically filed its lawsuits yet against Wachovia and Wells Fargo). [read post]
6 Oct 2008, 9:41 am
As reported by the New York Times Sunday morning, Ramos temporarily blocked the Wells Fargo deal from moving forward following a Saturday hearing on Citi's motion (the bank has not technically filed its lawsuits yet against Wachovia and Wells Fargo). [read post]
6 Oct 2008, 9:06 am
While you enjoyed the weekend, Law Blog readers, the Wachovia/Wells/Citi situation underwent multiple permutations. [read post]
6 Oct 2008, 3:33 am
The Wachovia-Citigroup-Wells Fargo dance continues. [read post]
6 Oct 2008, 3:22 am
" moment Friday morning when we read that Wachovia had spurned what was announced as a done deal to sell itself (or, at least, its commercial bank) to Citigroup, and had accepted a better offer from Wells Fargo. [read post]
6 Oct 2008, 2:30 am
The increasingly messy fight over Wachovia spilled over into federal district court in lower Manhattan Sunday afternoon, as lawyers of various stripes assembled to argue over the Charlotte bank’s proposed $15.1 billion merger with Wells Fargo. [read post]
5 Oct 2008, 4:53 pm
Under Wachovia’s agreement with Wells Fargo “Citigroup is always free to make a superior offer to Wachovia. [read post]
5 Oct 2008, 3:55 pm
Do I think Citigroup will get a nice “go away, please” payment from Wachovia, with a kick-in from Wells Fargo? [read post]
5 Oct 2008, 3:52 pm
A State Supreme Court Judge in New York (the Supreme Court is the trial court) has heard arguments at his home Saturday and, Citigroup claims, temporarily blocked a signed takeover deal between Well Fargo Bank and Wachovia. [read post]
5 Oct 2008, 2:19 pm
A New York state court judge temporarily halted Wachovia's efforts to abandon deal talks with Citigroup in favor of a merger with Wells Fargo, escalating the battle over the Charlotte-based banking giant. [read post]
3 Oct 2008, 9:19 pm
The deal between Citigroup and Wachovia fell through, allowing Wells Buffet Fargo to swoop in and pick up the ball Citigroup dropped. [read post]
3 Oct 2008, 6:33 pm
• Today, Wachovia and Wells Fargo announced a $15.1 billion merger deal. [read post]
3 Oct 2008, 5:28 pm
Is Wells Fargo banking on North Carolina corporate law giving it a way out of the contract? [read post]
3 Oct 2008, 3:15 pm
That was the message from Citigroup on Friday, as the financial giant saw its four-day-old agreement to buy Wachovia’s banking operations set aside in favor of a $15.1 billion merger between Wachovia and Wells Fargo. [read post]
3 Oct 2008, 12:18 pm
After hearing news this morning of Wells Fargo’s $15.4 billion takeover of Wachovia, we figured there’d be some legal fallout. [read post]
1 Oct 2008, 6:55 pm
With Citi swallowing Wachovia and JPM gobbling up WaMu, it looks like the financial services industry will be dominated by 3 large institutions, BoA, JPM, Citi, maybe joined by Wells Fargo, and then a bunch of smaller hoi polloi. [read post]
27 Sep 2008, 12:15 pm
The latest reports have Wachovia and Citi discussing a deal, but Wells Fargo is apparently still in the mix, as is Spain bank Banco Santander according to the NY Times post. [read post]
