Tuesday 24 December 2024
 
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Wachovia

Wells to pay Citi $100m for Wachovia

Wells Fargo & Company will pay Citigroup $100 million to settle multiple lawsuits over the contentious 2008 purchase of Wachovia, closing another chapter in the receding financial crisis. The banks said the settlement will resolve all

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Millionaires turn to psychologists

The surge in the number of millionaires in the world is spawning a fast-growing industry -- wealth psychology. US wealth managers are adding services such as psychological counseling for wealthy clients to set them apart from the competiti

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