Daily Archives: 2008/10/12

Wells Fargo Co Takes Over Wachovia $12.2 BILLION

The Federal Reserves Board of Governors unanimously approved Wells Fargo & Co $12.2 billion USD takeover of Wachovia Corp. After the 5 day waiting period to complete the acquisition , Wells Fargo will then have the largest U.S. bank branch network. Like JPMorgan … Continue reading

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