Citi and Wells Fargo Battle over Wachovia

Citigroup and Wells Fargo Battle over Wachovia
 
The Battle over Wachovia escalated to a new level this weekend when Citigroup Inc. filed a lawsuit against Wells Fargo seeking more than $60 billion in damages for interference with the takeover of Wachovia’s banking operations.
The lawsuit that Citigroup filed on Monday is essentially due to Wachovia’s bad-faith breach [...]

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