Wells Fargo May Take Over Wachovia Earlier this week, Citigroup announced it was taking over Wachovia. Now Wells Fargo says it is acquiring the bank for stock worth more than $15 billion. The new deal comes amid turmoil at banks and in the financial industry at large.
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Wells Fargo May Take Over Wachovia

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Wells Fargo May Take Over Wachovia

Wells Fargo May Take Over Wachovia

Wells Fargo May Take Over Wachovia

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Earlier this week, Citigroup announced it was taking over Wachovia. Now Wells Fargo says it is acquiring the bank for stock worth more than $15 billion. The new deal comes amid turmoil at banks and in the financial industry at large.