Well, well. Just a few days ago, it was announced that Citigroup was going to buy my bank, Wachovia. Now, however, it looks like Wells Fargo will be buying Wachovia, not Citigroup. As a customer, the following quote from Yahoo Finance makes me feel a little better about the new deal – While Wells Fargo has logged three straight quarters…
Category: Banking
Hello Citigroup, Goodbye Wachovia?
In August of 2000, I opened a checking account with SouthTrust bank. In 2004, SouthTrust was purchased by Wachovia. Today, as I opened my browser to check my fantasy football scores, I was met with the news that Citigroup is now buying Wachovia. I can’t say that I’m surprised, but I will say that I’m disappointed. This didn’t have to…