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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
Wells Fargo was advised by a squad from Wachtell, Lipton, Rosen & Katz. [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]
29 Sep 2008, 9:07 pm
Some banks like Wells Fargo actively search these records to see if an account holder has filed for bankruptcy.Your employer. [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]
27 Sep 2008, 9:17 am
Some banks like Wells Fargo have a policy to place an administrative freeze on any account of a newly-filed Chapter 7 debtor with a balance exceeding $5,000. [read post]
26 Sep 2008, 3:30 pm
It's the run on the bank mentality. [read post]
22 Sep 2008, 1:20 pm
" (NYT) "The investment banking era ends. [read post]
22 Sep 2008, 1:11 pm
Reuters - New York (Reuters) - Wells Fargo and Co., the fifth largest U.S. bank, said on Monday it expects a charge to write down the third quarter of $ 480 million in investments related to preferred stock of Fannie Mae and Freddie Mac. [read post]
22 Sep 2008, 12:09 pm
Morgan Chase, Wells Fargo, Bank of America, HSBC and Banco Santander [...] [read post]
19 Sep 2008, 11:39 am
As DealBook reported on Wednesday, Wells Fargo, JPMorgan Chase and HSBC have all expressed possible interest in the firm, which has hired Goldman Sachs to handled the process. [read post]
19 Sep 2008, 7:11 am
In her testimony, Coakley detailed how major lenders including Bank of America, Citigroup and Wells Fargo reneged on an agreement to form a loan modification system for Massachusetts homeowners. [read post]
19 Sep 2008, 3:09 am
" While affirming Wells Fargo's commitment to loss mitigation, execitive vice president Mary Coffin estimated that 30,000 to 40,000 borrowers might qualify for the Hope for Homeowners program. [read post]
18 Sep 2008, 1:07 pm
The following panel, representing Wells Fargo, JPMorgan Chase, BankofAmerica (jokingly described by Chairman Frank as the only BankinAmerica) and Citi, assured the committee of their good intentions. [read post]
17 Sep 2008, 4:41 pm
Bay Area Community Groups to Call on Wells Fargo Bank to Evict Racist Arizona Sheriff Joe Arpaio from WFB Offices in Phoenix, AZ What: Press conference and picket line to report results of community meeting with representatives of Wells Fargo... [read post]
