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Citigroup-Wachovia-Wells Fargo

By: Guhan Subramanian and Charlotte Krontiris
  • Format:Print
  • | Language:English
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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.

About The Author

Guhan Subramanian

Negotiation, Organizations & Markets
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