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Registered Rep. October 3, 2008 Kristen French |
Wachovia Hooks Up with Wells Fargo; Citi Says Wachovia In Breach Citigroup's deal with Wachovia gets ousted over the new deal with Wells Fargo. Wachovia shareholders and advisors are relieved.  |
Bank Systems & Technology October 3, 2008 Orla O'Sullivan |
In Sudden Turn, Wells to Buy Wachovia In a surprise announcement, Wells Fargo announced it will be acquiring Charlotte-based Wachovia in a $15 billion stock swap, throwing a monkey wrench in Citi's aspirations to buy the financial institution, as was announced last week.  |
InternetNews October 3, 2008 Sean Michael Kerner |
Who Says Financial Industry is More Secure? Verizon does, according to a new study about security (not about capital).  |
The Motley Fool October 3, 2008 Selena Maranjian |
The Financial Crisis and Credit Cards Get ready to feel some pain.  |
The Motley Fool October 3, 2008 Morgan Housel |
Fool Poll: The Fight for Wachovia Citi's out, Wells Fargo's in. For now.  |
Registered Rep. October 2, 2008 |
Just Say No To Citi? Apparently, not everyone is pleased by the deal in which Citigroup would buy Wachovia Corp.'s bank branches, deposits and private bank -- including a number of high-end Wachovia advisors.  |
Registered Rep. October 2, 2008 |
Thain Gets a Job at Bank of America Merrill Lynch CEO John Thain has accepted an offer to be president of Global Banking, Securities and Wealth Management at Bank of America.  |
Financial Advisor October 2008 Raymond Fazzi |
Independent Power House Kochis Fitz and Quintile Wealth Management LLC complete a merger that, according to its principals, creates the third-largest independent wealth management firm in the nation and the largest in California.  |
Financial Advisor October 2008 Jeff Schlegel |
Bank On It Successful unions between banks and advisors aren't uncommon, but the landscape is littered with enough rocky relationships plagued by culture clashes and failed synergies that it gives the concept a bad name.  |
Financial Advisor October 2008 Andrew Gluck |
Fixing AUM Fees The system of charging clients based on the amount of assets they place under your management is fatally flawed. There may be a better way.  |
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