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
-
Thousands of Dollars Donated to Assist Fort Hood Families in the Wake of Tragedy
-
CBandT maintains iron grip on local banking market: But competition heating up with Wells Fargo...
-
Expert says prognosis is iffy for area real estate in 2010: Crescent CEO, speaking at...
-
Evergreen Fixed Income Fund Portfolio Management Changes
-
BNY Mellon's Kelly Tells BofA No
-
Charlotte mayor candidates agree: It's the economy
-
Banks see big profits from overdraft fees
-
Regional Briefs: PTA president charged in theft of $6,294 from organization
-
Wells Fargo adds 3 bankers to public finance arm
-
UPDATE: Bad Loans Rise, But Bankers Trumpet Slowing Growth
-
27 comments
-
Mattel earnings fall; economy takes toll on Barbie
-
EROC
-
Wells Fargo Targets 20% U.S. Emissions Cut
-
Wells Fargo EF Names Hobbs Vice President
-
Private banker leaves First Market, joins Wells Fargo
-
Report: TARP Funds Oddly Dispersed
News & Analysis
Filter by
first union and wachovia corp. - All News and Analysis
Behind the Ouster of Wachovia's CEO
BNET
- 2008-06-03
First they stripped G. Kennedy Thompson of his role as Chairman of Wachovia Corp. Now, they're forcing the CEO of the nation's fourth largest bank to retire. Sounds like another tale of C-Suite woe for major banks. Indeed, financial institutions have been taking hit after hit in...
Wachovia.(CHARLOTTE)(Brief Article)
- 2005-01-01
Charlotte-based Wachovia, formerly First Union, agreed to pay $37 million to settle a federal securities complaint. Regulators said it improperly delayed reporting key stock purchases until after shareholders approved First Union's purchase of Winsto Charlotte-based Wachovia, formerly First Union, agreed to pay $37 million to...
Wachovia to pay $37m to settle SEC complaint.(Securities and Exchange Commission)
- 2004-11-29
Wachovia Corp. has agreed to pay a 37 million penalty to settle a civil action brought by the Securities and Exchange Commission that claimed the company failed to disclose certain stock purchases in conjunction with its 2001 merger with First Union. The complaint alleges...
Wachovia agrees to pay SEC fine of $37 million
- 2004-11-05
WASHINGTON -- Wachovia Corp. agreed to pay a $37 million civil fine Thursday to settle federal regulators' allegations that the banking giant violated disclosure rules in connection with its 2001 merger with First Union Corp. The Securities and Exchange Commission alleged in a lawsuit that Wachovia and First...
Wachovia to pay $37 million to settle claims concerning stock-buy disclosure.
- 2004-11-05
By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News Nov. 5--Wachovia Corp. is paying $37 million to settle allegations that it did not properly disclose stock purchases made in connection with the 2001 Wachovia-First Union Corp. merger. ...
SEC says Wachovia agrees to pay $37 million.
- 2004-11-05
By Richard Newman, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Nov. 5--Wachovia Corp. has agreed to pay $37 million to settle an investigation into whether it manipulated stock prices to smooth the way for the First Union-Wachovia merger in 2001, the Securities...
Playing partners: historically, Wachovia Corp. had looked at risk by line of business. After its merger with First Union, management decided to develop a more holistic approach. Finding the most effective solution was as complex a process as the merger it
- 2004-04-15
A corporate-wide view of operational risk is a relatively new discipline in the financial services industry. Operational risk is broad, pervasive and complex--including losses incurred from human error, failed processes, inadequate systems or external events. Failure to manage operational risk appropriately can result in financial loss, negative customer impact and...
As First Union Merger Comes to Close, Wachovia's CEO Looks Ahead.
- 2003-08-17
By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News By Rick Rothacker, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News
First Union Name Becomes Thing of Past as Banks Make Switch to Wachovia.
- 2003-07-29
By Richard Newman, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News By Richard Newman, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News
Pennsylvania's First Union Banks Make Name Transition to Wachovia.
- 2003-07-27
By Bill Sulon, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News By Bill Sulon, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Analyst: Banking Industry Risks "Implosion" 3 votes
