Wells Fargo To Pay Citi $100M To Settle Wachovia Lawsuit

NEW YORK - (AP) 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. . . . Full version available to lexis.com subscribers.