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26 Dec 2008, 8:03 am
Posted in Company News, Lawsuits Tagged: Bank of America, banking industry, class action, Lawsuit, linked in, overdraft manipulation, Wells Fargo [read post]
24 Dec 2008, 4:09 pm
Just in time for Christmas, shareholders approved two of the biggest bank takeovers to emerge from the recent economic panic: Wells Fargo's takeover of Wachovia and PNC Financial Services Group's acquisition of National City Corp. [read post]
23 Dec 2008, 8:33 pm
Treasury Department which is only available to homeowners with mortgages owned or insured by Freddie Mac or Fannie Mae (which greatly resembles the HopeNow program), and lender-specific modification programs offered by such entities as IndyMac, Bank of America, Citibank, and Wells Fargo. [read post]
23 Dec 2008, 1:15 pm
., Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and Morgan Stanley — all own aircraft for executive travel, according to regulatory filings earlier this year and interviews. [read post]
19 Dec 2008, 9:19 pm
Wells Fargo Bank N.A., Cal. [read post]
19 Dec 2008, 8:10 pm
The fanfare was deserved: Rounsaville was general counsel for more than 20 years at Wells Fargo Bank with a stint as Visa's GC. [read post]
18 Dec 2008, 6:15 pm
Wachovia and Wells Fargo have probably reached a settlement with the Plaintiff in the class action lawsuit over the merger between the two banks. [read post]
16 Dec 2008, 2:35 pm
The event features a faculty of leading outside litigators, renowned jurists, and senior in-house counsel from these companies (assuming that they have not reorganized between now and then): American Express • American General Finance • Bank of America • Capital One • Citi • Countrywide • Discover • GMAC • Greenpoint • First Data • Freddie Mac • Hyundai • iQor… [read post]
16 Dec 2008, 2:00 pm
As the Deal pointed out, Wachtell may have conflicted itself out when it represented Wells Fargo in its deal for Wachovia. [read post]
14 Dec 2008, 2:55 pm
• Wells Fargo is expected to take a $40 billion charge as a result of its acquisition of Wachovia. [read post]
12 Dec 2008, 12:21 pm
Ladenburg Thalmann analyst Richard Bove cut his price target on Wells Fargo and said the bank will take a charge of $40 billion in the fourth quarter related to the acquisition of Wachovia . [read post]
10 Dec 2008, 3:59 pm
Saul, BB&T, SunTrust, Bank of America/ Countrywide, Wachovia/ Wells Fargo, PNC Bank/ National City, and Citigroup. [read post]
9 Dec 2008, 2:00 pm
COMMERCIAL / CORPORATE North Carolina Judge Says Wells Fargo-Wachovia Merger Can Proceed This month's M&A score is now Merging Banks, 2; Plaintiffs Lawyers, 0. [read post]
8 Dec 2008, 2:12 pm
We will monitor the Wachovia Action and will report on the court's decision on whether it will enjoin the Well Fargo-Wachovia merger. [read post]
5 Dec 2008, 6:42 pm
Clients of Wells Fargo, Raymond James, Stiefel Nicholas and Oppenheimer remain out in the cold and there is no indication that this is going to change. [read post]
26 Nov 2008, 5:00 pm
The Bank will, of course, disappear as an independent entity as it is swallowed by Wells Fargo. [read post]
26 Nov 2008, 3:10 am
To drug dealers, "an exempt rating is like gold," says a Wells Fargo Bank vice president. [read post]
22 Nov 2008, 5:49 am
I blogged about the IRS special Notice at The Well’s Fargo Rule: Banks Can Buy Net Operating Losses. [read post]
18 Nov 2008, 7:27 pm
If their purchases of unprofitable banks were driven by the tax break, it may seem unfair to take the tax breaks away retrospectively, but there's enough unfairness to go around: Wells Fargo got a tax break that Citigroup didn't, entirely because Wells Fargo tried to buy Wachovia right after Treasury's announcement-- and Citigroup had the bad luck to make its acquisition bid right BEFORE Treasury's announcement. [read post]
18 Nov 2008, 2:04 am
On the key issue of the Share Exchange Agreement which gave 39.9% voting control over Wachovia to Wells Fargo, the Young Affidavit says that Wells Fargo had initially demanded a 50% stake. [read post]
