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NEW YORK (AP) - The announcement earlier this week that Wachovia Corp., the nation's fourth-largest bank, is buying the California-based Golden West Financial Corp. savings bank for $24.2 billion got the analysts at Keefe, Bruyette & Woods thinking about what were the next likely acquisition targets.
On Wednesday, KBW said it had come up with 17 possibilities, the biggest of which is another West Coast savings bank, Seattle-based Washington Mutual Inc.
Analyst Frederick Cannon said in KBW's report that it believes Citigroup Inc. and JPMorgan Chase & Co., which are based in New York, or HSBC Holdings PLC, headquartered in London, were the likely potential buyers.
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