Publications
Publications
- June 2013
- HBS Case Collection
Citigroup-Wachovia-Wells Fargo
By: Guhan Subramanian and Charlotte Krontiris
Abstract
This case follows the events of a crucial week in the 2008 financial crisis, when the federal government orchestrated the sale of Wachovia Bank first to Citigroup and then, in a surprise move, to Wells Fargo. We examine the extraordinary relations between government agencies and private institutions, and evaluate prudent corporate responses in this atmosphere of crises.
Keywords
Citigroup; Wachovia; Wells Fargo; FDIC; Acquisition; Financial Crisis; Banks and Banking; Business and Government Relations; Banking Industry; United States
Citation
Subramanian, Guhan, and Charlotte Krontiris. "Citigroup-Wachovia-Wells Fargo." Harvard Business School Teaching Plan 913-044, June 2013.