Thu Oct 9, 1:58 AM ET (Reuters) - Talks between Citigroup Inc (C.N), Wells Fargo & Co (WFC.N) and the U.S. government over a way to divide Wachovia Corp (WB.N) between its two suitors were hung up on several key issues Wednesday, The Wall Street Journal said citing people familiar with the situation.After looking deeper into Wachovia's books, Citigroup and Wells Fargo have been surprised by the concentration of assets they regard as low-quality, the paper said, citing the people.
Both banks are worried that buying even part of Wachovia could saddle them with steeper losses than previously expected, the paper said.
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