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It’s Wachovia now, Citi acquires banking assets

Started by rp · 9 months ago

Wachovia is the next big bank to fall and it’s banking assets have been acquired by Citi. Under the terms of the agreement, Citi will pay Wachovia approximately $2.16 billion in stock and assume Wachovia’s senior and subordinated debt, totaling approximately $53 bi ... Continue reading »

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