THE BASIS POINT

Wells Acquisition of Wachovia Now Worth $11.38b

 

The Citi vs. Wells race to buy Wachovia drama is now over, with Citibank stepping out, allowing Wells Fargo to complete the deal for about $11.38b and no FDIC involvement. Click here to see the stats on what this does to their national branch network and total nationwide deposits, and how it compares to other big players.

 

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