Monday, September 29, 2008

Wachovia Damage: Just Enough for the Citi

Wachovia Sign after Hurricane Ike, Kirby Dr., Houston

No need to remake this hurricane-battered sign after all! Wachovia Bank’s retail operations are being bought by Citigroup, ahead of any FDIC action. Which means all 30 or so Houston-area Wachovia retail locations will become Citibanks before the year is out.

Photo of Wachovia Bank branch on Kirby Dr.: Swamplot Inbox

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