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
-
Wells will rebrand Wachovia
-
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
News & Analysis
Filter by
insurance and wachovia corp. - All News and Analysis
Financial Roundup: Prudential to Sell Wachovia Share, Credit Suisse Takes Hit, Money Available for Private Equity, Some Credit Thawing
Prudential to sell Wachovia share -- Prudential Financial is expected to sell to Wells Fargo & Co. its $3.7 billion share of Wachovia, which is being bought by Wells. Meanwhile, Prudential is said to be interested in buying AIG's life insurance business in Japan. [Source: MoneyCNN.com] Credit Suisse takes...
ACE Limited Announces Issuance of $300 Million Senior Notes by Subsidiary
HAMILTON, Bermuda -- ACE Limited (NYSE:ACE) announced today that its subsidiary, ACE INA Holdings Inc., has agreed to sell $300 million of 6.70% Senior Notes due May 15, 2036. The notes are fully and unconditionally guaranteed by ACE Limited. The net proceeds from the sale of the senior notes...
OdysseyRe Completes Sale of Common Stock
STAMFORD, Conn. -- Odyssey Re Holdings Corp. (NYSE: ORH) announced today that it has completed the previously announced sale of 4,100,000 shares of its common stock, at a price of $24.96 per share. Net proceeds to OdysseyRe were approximately $102 million. Wachovia Capital Markets, LLC acted as sole underwriter on...
OdysseyRe Announces Common Stock Offering
STAMFORD, Conn. -- Odyssey Re Holdings Corp. (NYSE: ORH) announced today that it has agreed to sell 4,100,000 shares of its common stock to Wachovia Capital Markets, LLC, representing approximately $102 million in total proceeds. Fairfax Financial Holdings Limited, OdysseyRe's 80% shareholder, has agreed to purchase 3,100,000 of the shares...
Bigger is better, says Wachovia exec
Wachovia, the nation's fourth-largest bank holding company, made waves this spring when it bought insurance brokerage and benefits consulting power Palmer & Cay, increasing its insurance presence in a major portion of the country and adding $400 million Wachovia, the nation's fourth-largest bank holding company, made waves this spring...
At the Bell; Financial services firms audited less.(Late News)
Syracuse (N.Y.) University's Transactional Records Access Clearinghouse is to release data today showing that large corporations providing investment advice, insurance, banking and credit services are audited by the Internal Revenue Service less often than other businesses. TRAC said that fewer than...
Wachovia purchase of Palmer & Cay boosts bank's bid to grow nationally.(News)(Column)
Byline: SALLY ROBERTS CHARLOTTE, N.C.-Banking giant Wachovia Corp. is making it known that it wants to be a major force in the insurance brokerage industry as well. The Charlotte, N.C.-based bank announced last week that it has agreed to acquir ...
Securities brokerage firms: ranked by number of registered, licensed securities brokers in greater San Fernando Valley
EXECUTIVE SUMMARY WHILE the largest securities brokerage firms have numerous offices in the San Fernando Valley, most are operated from remote headquarters locations. The Business Journal's list of securities brokerages includes both local firms as well as a number of national operations. Most offer a Wide array...
Wachovia to finance Chicago Landmark.(Wachovia Bank and Trust Co., historic Insurance Exchange Building)(Brief Article)
Wachovia has agreed to write a $375 million loan on the historic Insurance Exchange Building in Chicago. Wachovia has agreed to write a $375 million loan on the historic Insurance Exchange Building in Chicago.
Insurance & Financial Services Directory 2004.(Insurance & Financial Services Directory 2004)(Directory)
ALL LISTINGS IN THIS DIRECTORY FINANCIAL SERVICES ARE PAID LISTINGS, WITH INFORMATION PROVIDED BY EACH COMPANY. ...
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
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Analyst: Banking Industry Risks "Implosion" 3 votes
