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Regions Stock Drops After Wachovia Buyout


Before loss laden Charlotte based bank Wachovia was bought out Monday some analysts said it was probably on the brink of collapse. "Although it did not collapse it would have been unable to survive it appears," said Professor Lowell S. Broom, D.B.A ...

Editorial: Charlotte facing challenges following Wachovia buyout


In a heartbeat, the long post-Hurricane Ike gas lines in Charlotte or the Panthers' Sunday NFL win seemed unimportant. The big story was Citigroup's takeover of hometown Wachovia Bank, which will have a lasting impact on the state's largest city. For ...

Citigroup Buying Wachovia Banks


Some other Macon bankers said they consider the Wachovia buyout an opportunity for growth. Mark Stevens, chief executive officer of Atlantic Southern Bank Group, is one of them. "I think the sale of Wachovia to Citibank will have a profound impact on ...

Wachovia Corporate & Institutional - Asset Based Lending


Learn about asset based lending options from Wachovia. Asset based lending provides a ... Financial and strategic acquisitions, leveraged buyouts (LBOs), and management buyouts ...

Bank-Implode! » JP Morgan Bailout or Wachovia Buyout?


Word on the Street is that JP Morgan is on the prowl again this time with its its sights is set on Wachovia. An analysis of how this fits either company is not forthcoming here.

Wachovia Capital Partners


Wachovia Capital Partners provided a creative one-stop solution of equity and mezzanine capital, and completed the financing of our buyout within 30 days of our initial meeting.

Citi sticks with Wachovia deal


While the proposal would have prevented most banks from profiting on the sale of troubled assets to the government, an exception would have been made for assets acquired in a merger or buyout. That would have allowed Citigroup to sell Wachovia's ...

Wachovia’s failure hits Atlanta’s Delta Life


Because of Delta Life’s large Wachovia holding, Oxendine is monitoring the insurance company. “At this time the company’s other assets, as well as the ongoing buyout of Wachovia’s banking operations, give us no reason to believe that Delta ...

Wooster Wachovia Securities unaffected


WOOSTER -- Monday's $2 billion buyout of Wachovia Corp. by Citigroup was the first salvo fired on a record day of decline on the stock market and the deal has left Wachovia branches pondering the future. According to a story published by The ...

Wachovia buyout of Morgan Stanley looming? » Rational Review


Morgan Stanley is weighing a merger with Wachovia Corp. and several other banks as the securities firm seeks to regain investor confidence after its shares sank 42 percent this ...

Business


... and the agreement with Citigroup will affect deposits and loans with thousands of consumers. Q. Is my money safe? http://hamptonroads.com/2008/09/qa-what-does-wachovia-buyout-mean ...

Wachovia Corporate & Institutional - Asset Based Lending in Canada


Wachovia offers a full range of asset based lending services in Canada through Wachovia ... Leveraged and management buyouts; Cross-border financing; Financial and strategic ...

Local Wachovia customers shouldn't see change from buyout


NEW YORK — Citigroup agreed Monday to purchase Wachovia's banking operations for $2.1 billion in a deal arranged by federal regulators, making the Charlotte, N.C.-based bank the latest casualty of the widening global financial crisis. The deal ...

Wachovia Customers React To Buyout


FORT LAUDERDALE (CBS4) ? There's concern that the Bailout Bill failure could put even more pressure on an already rattled system. Monday, Citigroup bought out the nation's fourth largest bank, Wachovia. And in these uncertain economic times, many ...

Moral hazard rises when banks get too big to fail


The Citi-Wachovia marriage follows JPMorgan Chase & Co.'s buyout of Washington Mutual Inc. and Bank of America Corp.'s takeover of Merrill Lynch & Co. and purchase of Countrywide Financial Corp. Remember how we were told by government officials that ...

Mergers, Acquisitions and Takeovers


DOVER, Del. (AP) _ A Delaware judge has refused to allow Hexion Specialty Chemicals to walk away from a $6.5 billion buyout ... Terms of the deal Citigroup Inc. will pay Wachovia Corp. approximately $2.16 billion in stock, about $1 per share, and assume ...

wachovia -- drdrue.com --


1. wachovia: 2. wachovia buyout: 3. wachovia securities: 4. citigroup: 5. achewood: 6. wachovia bank failure ... Wachovia Corp is in talks with rivals to be taken over, sources familiar with the ...

Wachovia launches identity-theft quiz - Charlotte Business Journal:


Wachovia Corp. has launched an identity-theft quiz on the customer-protection ... Charlotte officials issue joint statement on Wachovia buyout; UNCC professor foresees 3,000 local ...

Wachovia Corp - Company Overview - Hoover's


At Wachovia, retail banking is no longer on the menu. The bank giant agreed to ... What does the Wachovia buyout mean to you? [Virginian-Pilot (Norfolk, VA)] (30 Sep 2008 04:00:00 ...

Wachovia targets small biz - Charlotte Business Journal:


The new Wachovia Corp. is adopting the old Wachovia's program for small-business ... Charlotte officials issue joint statement on Wachovia buyout; Wachovia workers ponder impact of ...

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