Are AG Edwards and Evergreen Investments part of the Wachovia buyout today by Citibank? Citibank’s buyout involves banking operations of Wachovia, but AG Edwards and Evergreen Investments will not be part of the buyout today and remained owned by Wachovia, claims reports.

Citigroup is acquiring assets and liabitlieis, retail operations, Wachovia’s corpoate and private bank and its small investment banking operations.

However, that does not include AG Edwards and Evergreen.

“Citigroup is leaving behind the A.G. Edwards retail brokerage operations and Evergreen Investments, Wachovia’s money management arm. Senior management decision have not been worked out, according to people involved in the talks.” claims reports.

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