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Archive Home > 2008 > October > 07 > Wachovia, Wells Fargo, Citigroup at standstill

Wachovia, Wells Fargo, Citigroup at standstill


October 7, 2008

NEW YORK — Wachovia, Citigroup and Wells Fargo on Monday agreed to a standstill of all formal litigation activity — a sign that the banks and the Federal Reserve are working feverishly to reach an agreement over the fate of Wachovia. The standstill agreement will end at noon....

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