BNET Industries

Last Fiscal Year Sales:$56.6B
- Private
- US
Dow Jones Description
Wachovia is a diversified financial services company that provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services. We are one of the largest providers of financial services in the United States, with retail and commercial banking operations in 21 states from Connecticut to Florida and west to Texas and California, and nationwide retail brokerage, mortgage lending and auto finance businesses. Our retail brokerage operations under the Wachovia Securities brand name manage client assets through offices nationwide. Globally, clients are served in selected corporate and institutional sectors and through more than 40 international offices. On December 31, 2008, Wells Fargo acquired Wachovia Corporation, creating the nation?s premier coast-to-coast financial services franchise.
Number of Employees 121,890
Contact Information
301 South College Street
Suite 4000
Charlotte, North Carolina 28288-0013
704-374-6565
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Wells Fargo To Pay $4.5 Billion For Prudential JV Stake
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More banks see high bad-loan levels
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Wells Fargo to repay $25 bn to US
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The Next 2 Dividend Blowups?
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BofA's Repayment May Cause Others to Follow
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U.S. Forfeiting Billions in Future Taxes So Citi Can Exit TARP
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Thousands of Dollars Donated to Assist Fort Hood Families in the Wake of Tragedy
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CBandT maintains iron grip on local banking market: But competition heating up with Wells Fargo...
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Expert says prognosis is iffy for area real estate in 2010: Crescent CEO, speaking at...
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Evergreen Fixed Income Fund Portfolio Management Changes
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BNY Mellon's Kelly Tells BofA No
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Charlotte mayor candidates agree: It's the economy
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Banks see big profits from overdraft fees
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Regional Briefs: PTA president charged in theft of $6,294 from organization
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Wells Fargo adds 3 bankers to public finance arm
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UPDATE: Bad Loans Rise, But Bankers Trumpet Slowing Growth
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27 comments
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Mattel earnings fall; economy takes toll on Barbie
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News & Analysis
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asset and wachovia corp. - All News and Analysis
Crosstex Energy LP Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instruction. And your first question comes from the line of Sharon Lui with Wachovia. You may proceed. Sharon Lui - Wachovia Just wondering if the pipeline anomalies on Benbrook passing pipeline, may have on your operations what type of impact, is there any? Barry Davis Yes....
Hold On To Your Most Valuable Assets: Your Employees
It has become the number one concern among small business owners today: finding and keeping skilled workers. Looking across the business, social and economic landscape, it's not hard to see why. With unemployment almost nonexistent and the economy booming, highly skilled and desirable workers are in the driver's seat, often...
Arbor Realty Trust, Inc. Q3 2008 (Qtr End 09/30/2008) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from James Shanahan – Wachovia Securities. James Shanahan – Wachovia Securities A question for you please, you just mentioned Paul the average duration of the loan book at 32 months on average. What is the average duration...
With Bailout In Sight, Big Private Investors Back Banks
While the proposed $700 billion, taxpayer-backed rescue of the economy is grabbing the nation's undivided attention, private investors are pouring billions into the U.S. financial system and backing banking groups poised to survive the current crisis. Right now, an estimated $40 billion in outside money is being pumped into some of the country's biggest banking concerns....
AerCap Holdings N.V. Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Gary Liebowitz with Wachovia. Gary Liebowitz - Wachovia Securities Hi. Klaus Heinemann Hi, Gary. Gary Liebowitz - Wachovia Securities Klaus, I was wondering, you wrote down the MD-80s because they were coming back from American Airlines....
Clockwork Home Services Secures $120 Million in Financing Capital from Prudential Capital Partners and Wachovia Bank
Clockwork Plans to Use Proceeds in Part to Accelerate Growth And Acquisitions SARASOTA, Fla. -- Clockwork Home Services, Inc. Clockwork, one of North America's fastest-growing operators of home services franchises, announced that it has secured a total of $120 million in financing from Prudential Capital Partners, L.P. II, Wachovia...
Brookfield Asset Management Inc. Q3 2007 Earnings Call Transcript
Question-and-Answer Session Operator Thank you, sir. We will now begin the question-and-answer session. [Operator Instructions]. Our first question today comes from Chris Haley of Wachovia. Brendan Maiorana - Wachovia Hi, good morning guys....
Who's News
WIREHOUSES Sheila F. Klehm, a $5.5 million producer, has left J.P. Morgan Securities' private bank after 18 years to join Morgan Stanley's ultra-high-net-worth office in New York. She oversaw $1.4 billion in assets. Michael Brathwaite, Frank A. Calderone and Charles P. Massimi have left UBS...
Who's News
Wirehouses James L. Oberheide, a $9.5 million producer, has joined Morgan Stanley's ultra-high-net-worth office in Chicago. Oberheide previously managed $1.6 billion in assets for clients at Sanford C. Bernstein & Co. in Chicago. A father-mother-and-daughter team has moved to Merrill Lynch's ultra-high-net-worth unit in Ladue,...
Eye On The Competition
ING Direct Launches Mutual Funds WILMINGTON, Del.-ING Direct Securities Inc. launched six no-load mutual funds recently. The new funds include three asset allocation funds, a money market fund a global real estate fund and a global equity divided fund. The new funds will be offered through the...
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