Wachovia And Wells Fargo In Advanced Merger Talks

Monday, September 29th, 2008

Wachovia and Wells Fargo are now in the advanced stages of merger talks. According to the New York Times, federal regulators are pushing Wachovia hard to sell out to Wells Fargo. Initially this weekend, Wachovia had been speaking to Citigroup (NYSE:C) as well as Wells Fargo, but it ...

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Wells Fargo Joins Mortgage Muck

Wednesday, November 28th, 2007

Up until now Wells Fargo has dodged a bullet with the sub-prime credit crisis. But their luck finally ran out, as it has for everyone who dipped into that pool of "less than perfect credit" loans. The bank has been hit hard, in particular, by the California market, ...

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