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Founded in Winston-Salem, N.C. as Wachovia National Bank on June 16, 1879, Wachovia grew to be one of the largest diversified financial services companies in the United States.
Wachovia was a diversified financial services company based in Charlotte, North Carolina.Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. At its height, it was one of the largest providers of financial services in the United States, operating ...
Feb 19, 2009 · Joe Ponzio learned investing the hard way. He was burned by an adviser, losing 80% on his investments and even more when the adviser stole money and skipped the country.
Oct 3, 2008 · As a result of the Wachovia deal, Wells Fargo would get $448 billion of bank deposits -- a big, new source of stable funding. The firms, on a combined basis, would operate 10,761 locations in 39 ...
Oct 6, 2008 · The deal between Wachovia WB, -1.27% and Citi C, -1.13% was unveiled a week ago. But late on Thursday, Wachovia agreed to be acquired by Wells Fargo WFC, -1.14%.
Jan 1, 2009 · Wells Fargo & Co. said Thursday it completed the acquisition of Wachovia Corp., creating a financial-services giant with $1.4 trillion in assets, a service...
Aug 30, 2010 · In an excerpt from the new book Banktown, journalist Rick Rothacker tells how Citigroup and Wells Fargo dueled over Wachovia, while Sheila Bair's FDIC played referee -- and thanks to its powers ...
Oct 10, 2008 · Federal antitrust regulators on Friday approved the acquisition of the troubled bank, the Wachovia Corporation, by Wells Fargo, the West Coast bank, bringing the battle for the bank to an end.
The Wachovia Corporation developed from a small bank in Salem, North Carolina to become the fourth-largest bank holding company in the United States. Before Wells Fargo acquired Wachovia in 2008, it was the largest bank in the South, and it had the most extensive trust corporation, or financial service that assists with corporate wealth management, between Baltimore and New Orleans.
Jan 1, 2009 · Wells Fargo & Co <WFC.N> said it has completed its roughly $12.7 billion purchase of Wachovia Corp, a big bet that it properly assessed the risks in Wachovia's huge book of mortgage and real ...
