financials I’ll do
October 03, 2008 at 13:00 PM EDT
In a twist that could affect regional bank exchange traded funds (ETFs), Wachovia (WB) has agreed to be snatched up by Wells Fargo (WFC) in a $15.1 billion all-stock deal. But Citibank (C) is insisting that Wachovia abide by the terms of their deal, in which Citibank would buy Wachovia’s banking operations, reports Sara Lepro for [...]