In an article in the Dec. 23 issue of American Banker, attorney Peter S. Smedresman wrote that the landmark Wells Fargo Asia Ltd. v. Citibank decision was "a step backward in international banking jurisprudence."Haynes, Duncan
gains.Markets were closed for Good Friday.Investors have been grasping at any sign of improvement in the crippled banking industry, and Wells Fargo's report Thursday that it expects first-quarter earnings of $3 billion provided an encouraging sign that a deep freeze in borrowing activity may ...