The document outlines 10 things to know about Wachovia after it was acquired by Wells Fargo. It discusses that Wachovia was founded in 1879 and served over 15 million customers, but reported losses in the third quarter leading to its acquisition by Wells Fargo, the largest financial services provider in the US. It also summarizes that the acquisition will help customers through the transition but may also impact employees and shareholders, while Wells Fargo aims to continue community programs and customer service.
Citigroup's strategic acquisition of Wachovia will make Citi the largest U.S. bank by total deposits. But what will it do for Wachovia customers and shareholders?
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