Citi Buys Wachovia Assets

Citigroup Inc. agreed to purchase Wachovia’s banking operations and assets in an all stock deal valued at $2.16 billion.
Citi Buys Wachovia Assets
People use an ATM at a Wachovia bank branch September 29, 2008 in Miami, Florida. Joe Raedle/Getty Images
Updated:

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/cigarette83050650.jpg" alt="People use an ATM at a Wachovia bank branch September 29, 2008 in Miami, Florida.   (Joe Raedle/Getty Images)" title="People use an ATM at a Wachovia bank branch September 29, 2008 in Miami, Florida.   (Joe Raedle/Getty Images)" width="320" class="size-medium wp-image-1833584"/></a>
People use an ATM at a Wachovia bank branch September 29, 2008 in Miami, Florida.   (Joe Raedle/Getty Images)