All Entries Tagged With: "Wachovia Corp"
Citigroup failed with Wachovia but now eyeballing another bank
Although Citigroup failed with its bid to buy Wachovia Corp after Wells Fargo got the deal, but has now got its sights set on buying a regional bank, according to reports in the Wall Street journal on Monday.
The report said that Citigroup is on the prowl to acquire less than a month after it [...]
Nov 10, 2008 | Comments 0
From Deputy US Treasury to Wachovia Corp bank
US Treasury Department Under Secretary Robert Steel has been named as the new chief executive for Wachovia Corp Bank, this follows the news that the commercial banking giant decided to part company with their previous CEO after the bank reported huge losses related to mortgages.
Jul 10, 2008 | Comments 0