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Federal antitrust regulators on Friday cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank. ...more
October 11, 2008
Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with its planned takeover of Wachovia's banking operations. ...more
October 7, 2008
A battle broke out Friday for control of Wachovia as Wells Fargo agreed to pay $14.8 billion for the struggling bank, while Citigroup and federal regulators insisted that Citi's earlier and lower-priced takeover offer go forward. ...more
October 4, 2008
Ailing bank Washington Mutual Inc. appeared headed toward a sale Wednesday after a major investor removed a potential stumbling block and nervous banking regulators began approaching the most logical buyers. ...more
September 18, 2008
Battered housing developers are a getting a bit more optimistic about their prospects for the next six months, an index of the sector's confidence showed Tuesday. ...more
September 17, 2008
Homebuilders are a little more optimistic about the prospects for home sales in the next six months, but an index reflecting the sector's confidence overall remained at an all-time low, an industry trade association said Monday. ...more
August 19, 2008
One of Steve Green's lawyers is fighting with Green's mother over money and wants a judge to release him from defending the former landlord. ...more
August 2, 2008
One of Steve Green's lawyers is fighting with Green's mother over money and wants a judge to let him out of defending the former landlord. ...more
August 1, 2008
Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations. ...more
July 22, 2008
Citigroup has become the latest big bank to assuage Wall Street's worries about the financial sector, posting a $2.5 billion second-quarter loss that was smaller than the market expected. ...more
July 19, 2008
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