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Battered Wachovia Shops for Buyers

Citigroup, Wells Fargo among suitors in wake of WaMu collapse

By Matt Cantor, Newser Staff

Posted Sep 27, 2008 11:31 AM CDT

(Newser) – Wachovia is in a new round of talks with potential buyers, reports the Wall Street Journal, courting Citigroup, Wells Fargo, and Spain’s Banco Santander to help guard it from the financial market crisis. While the bank says it’s not in immediate danger, shares... Read full story »

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Wall Street Journal (Source Grid »)

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Battered Wachovia Shops for Buyers

Citigroup, Wells Fargo among suitors in wake of WaMu collapse

Citigroup • merger • Wachovia • credit crisis • Washington Mutual • financial crisis

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More Newser Stories

Wells Fargo Buys Wachovia for $15.4B, Trumps Citigroup

After initial no, Bay Area bank buys out troubled lender

Feds Give Green Light to Wells Fargo-Wachovia

Citigroup plans to sue over breach of contract, but will not interfere

Citi Suit Blocks Wells' Wachovia Deal

Court order says bank must only deal with Citigroup, for now

Citi May Seek to Recover Wachovia Deal

Bank could make a better offer; may sue Wells Fargo

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Deal leaves three 'behemoths' in financial crisis

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