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Wells to pay Citi $100M to settle Wachovia lawsuit

Wells Fargo & Co. has agreed to pay $100 million to Citigroup Inc. to settle a dispute related to its acquisition of Wachovia Corp. in October 2008, at the height of the financial crisis. Wachovia was teetering on the brink of collapse from bad real estate loans when it initially agreed to be bought by Citigroup ...

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