CEO Chuck Prince

The gone-sour deal to sell Wachovia Corp.’s banking operations to Citigroup Inc. began with a 5 a.m. phone call Wachovia’s Bob Steel made to Citigroup’s Vikram Pandit on Sept. 26. (C) (WB) (WFC)  

Filed under: Deals, Citigroup Inc. (C), Wachovia Corp (WB), Wells Fargo (WFC), Financial CrisisCitigroup (NYSE: C) has dropped out of the bidding for damaged bank Wachovia (NYSE: WB). It may be glad it did. According to The Wall Street Journal, "Wells Fargo & Co. (NYSE: WFC) won the battle for...  

Bob Fernandez and Harold Brubaker Oct. 10, 2008 -- New York banking giant Citigroup Inc.  

Wells Fargo & Co. won the battle for Wachovia Corp. after Citigroup Inc. withdrew from negotiations brokered by federal regulators that sought a compromise to the competing bids from Wells and Citigroup. (C) (WFC) (WB) (BAC)  

NEW YORK a ' Citigroup Inc. walked away from its attempt to buy Wachovia Corp., handing victory to Wells Fargo & Co.  

Discussions among Citigroup Inc., Wells Fargo & Co. and federal regulators over how to divvy up Wachovia Corp. hit a snag Wednesday over several issues, The Wall Street Journal reports. (WFC) (C) (WB)  

Citigroup Inc. walked away from its attempt to buy Wachovia Corp., handing victory to Wells Fargo & Co.  

Discussions among Citigroup Inc., Wells Fargo & Co. and federal regulators over how to divvy up Wachovia Corp. ran into a roadblock Wednesday over several issues, The Wall Street Journal reports. (WFC) (C) (WB) (BBT) (STI)  

Citigroup Inc. walked away from its attempt to buy Wachovia Corp. , handing victory to Wells Fargo & Co.  

Citigroup Inc. cleared the way for Wells Fargo & Co. to acquire Wachovia Corp. by ending talks that would have divided the troubled Charlotte bank between Wells and Citi.  

New York banking giant Citigroup Inc. angrily pulled out today of the negotiations to acquire troubled Wachovia Corp. and said it would allow California's Wells Fargo & Co. to proceed with an $11.7 billion stock deal for the largest bank in the Philadelphia region.  

(RTTNews) - Tata Consultancy Services and Citigroup Inc. announced that they reached an agreement for TCS to acquire all of Citi's interest in Citigroup Global Services, the India based captive business processing outsourcing arm of Citi for all cash consideration of about $505 million.  

Citigroup Inc., Wachovia Corp. and Wells Fargo & Co. have extended their truce on litigation until Friday morning in an effort to reach an agreement on the sale of the Charlotte, N.C., bank.  

Citigroup Inc., Wachovia Corp. and Wells Fargo & Co. have extended their truce on litigation until Friday morning in an effort to reach an agreement on the sale of the Charlotte bank.  

Citigroup Inc. and Wells Fargo & Co. won a two-day extension of an agreement suspending federal litigation over the fate of Wachovia Corp.