We had exclusivity agreement, Citigroup says after Wells Fargo swoops in with surprise $15.1 B merger deal.
|
We had exclusivity agreement, Citigroup says after Wells Fargo swoops in with surprise $15.1 B merger deal.
|
Citi beats out Wells Fargo in deal to pay $2.2 billion in stock, assume $53 billion in debt for most of ailing company.
|
Nasdaq plummets 109 points and Dow dives 449; Microsoft, Apple, RIMM, and Qualcomm lose 5 percent or more.
|
Startups, brick-and-mortar banks poised to dish out some pain with super-low commissions.
|
The security company creates a community-driven network to collect reports of phishing.
|
Financial institutions want computer service providers to do more in guarding against security breaches.
|
The week of December 12 features a feast of 18 initial public offerings including eight from the tech sector.
|