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There's another bank acquisition to report. PNC Corp. with the assistance of the TARP program, has purchased Ohio based National City. The combined bank will have a core deposit base of $180...
The battle between Wells Fargo and Citi for Wachovia is over and Wells is the winner. Citi walked away citing concerns over Wachovia's loan portfolio. Wells gets to greatly expand its banking...
In a surprise move, Wachovia scrapped its deal with Citi and agreed to be acquired by Wells Fargo. Wells not only agreed to buy the whole bank, but raised its offer price and did the deal without...