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Wachovia Is Now Wells Fargo 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 It traded on the New York Stock Exchange under the symbol WB
Wachovia - Wikipedia The former corporate headquarters of Wachovia in Charlotte, North Carolina 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 [3]
Wachovias meteoric rise and catastrophic fall in banking - CGAA Wells Fargo was able to acquire Wachovia for a fraction of its estimated value, thanks to a secret deal with regulators that allowed Wells to merge with Wachovia despite Citigroup's funding efforts
The Collapse of Wachovia - How a Bank with $38 in Book Value Per Share . . . Wachovia has been hurt badly by its 2006 purchase of Golden West Financial, a California lender specializing in so-called pay-option mortgages And the bank also faced mounting losses on loans made to home builders and commercial real estate developers
The Acquisition of Wachovia Corporation by Wells Fargo Company . . . On October 2, during the period Citigroup and Wachovia were negotiating a final merger agreement, the board of directors of Wachovia received a communication from Wells Fargo that included an offer from Wells Fargo to acquire all of Wachovia's stock by merger
Wachovia Historical Society - Home Reaching from the town of Bethania through Winston-Salem, N C , Wachovia is a tract of land settled by Moravians in the mid 18th Century The area is steeped in history and traditions that reach back to the original settlers
Wachovia Explained Wachovia was the product of a 2001 merger between the original Wachovia Corporation, based in Winston-Salem, North Carolina, and Charlotte-based First Union Corporation
Wachovia Corporation -- Company History The new Wachovia Corporation was formed from the September 2001 merger of First Union Corporation and Wachovia Corporation The deal created the fourth-largest bank holding company in the U S based on assets and the fifth-largest U S broker dealer based on registered representatives
Wachovia Securities - Wikipedia Wachovia Securities' main predecessors were Prudential Securities and First Union Securities, both of which were large nationwide brokerages that had grown from mergers and acquisitions beginning as far back as 1897 and 1934, respectively