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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The Next 2 Dividend Blowups?
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BofA's Repayment May Cause Others to Follow
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Wells will rebrand Wachovia
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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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EROC
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Wells Fargo Targets 20% U.S. Emissions Cut
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Wells Fargo EF Names Hobbs Vice President
News & Analysis
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merger and wachovia corp. - All News and Analysis
Wells Fargo & Company Q3 2009 Earnings Call Transcript
Earnings Call ExcerptWells Fargo & Company WFC Q3 2009 Earnings Call October 21, 2009 8:30 am ET Executives Bob Strickland – Director of Investor Relations Howard I. Atkins – Chief Financial Officer & Senior Executive Vice President Presentation Bob Strickland Hello, this is Bob Strickland. Thank...
Federal Reserve Board Approves Wells Fargo's Application to Merge with Wachovia Corporation
Merger on Schedule for Completion by End of 4th Quarter 2008 SAN FRANCISCO -- Wells Fargo & Company (NYSE:WFC) said today that the Board of Governors of the Federal Reserve has approved its application to merge with Wachovia Corporation (NYSE: WB) including all its subsidiaries, and the share exchange...
Citigroup, Chase pressured to deal; Banks slip after Wachovia merger; vying for WaMu.
Byline: Tom Fredrickson Last week's announcement of Wachovia Corp.'s planned $24 billion acquisition of Golden West Financial Corp. is ratcheting up pressure on Citigroup Inc. and J.P. Morgan Chase Inc. to respond with major acquisitions of their Byline: Tom Fredrickson ...
Fitch Upgrades Western Financial Bank On Wachovia Merger
NEW YORK -- Fitch Ratings has upgraded and removed from Rating Watch Positive the Issuer Default Rating IDR of Western Financial Bank WFB to 'AA-' from 'BB'. Fitch's upgrade follows the completion of the merger of WFB and its parent, Westcorp WES, with Wachovia Corporation (rated 'AA-/F1+' by Fitch). Subsequently,...
OCC Approves Conversion and Merger of Wachovia, Westcorp and WFS Financial Inc
IRVINE, Calif. -- Wachovia Corp. (NYSE:WB), Westcorp (NYSE:WES) and WFS Financial Inc (NASDAQ:WFSI) today announced that on Feb. 13, 2006, the Office of the Comptroller of the Currency approved both the conversion of Western Financial Bank from a federal savings association to a national banking association and the merger of...
Westcorp and WFS Financial Shareholders Approve Mergers with Wachovia
IRVINE, Calif. -- Westcorp (NYSE:WES) today announced that at the special meeting for Westcorp shareholders, the shareholders approved the Agreement and Plan of Merger, as amended and restated, dated as of September 12, 2005 (the "Merger Agreement"), among Wachovia Corporation, Westcorp, Western Financial Bank and WFS Financial Inc, and the...
Westcorp Announces Cash Dividend; Announces Filing of OCC Application
IRVINE, Calif. -- Westcorp (NYSE:WES), the diversified financial services company whose principal subsidiaries are WFS Financial Inc (Nasdaq:WFSI) and Western Financial Bank, declared on December 12, 2005, a cash dividend of $0.32 per share of Westcorp common stock. The dividend will be paid on March 15, 2006 for shareholders of...
AmNet Mortgage, Inc. Stockholders Approve Wachovia Merger Proposal
SAN DIEGO -- At a special meeting held today, the stockholders of AmNet Mortgage, Inc.(NASDAQ:AMNT) approved a proposed merger transaction pursuant to which AmNet Mortgage would become a wholly owned subsidiary of Wachovia Bank, National Association.
Westcorp Sets January 6, 2006 Special Meeting Date
IRVINE, Calif. -- Westcorp (NYSE:WES) today announced that a special meeting for Westcorp shareholders has been set for 10:00 a.m. PT, Friday, January 6, 2006 at Westcorp's headquarters at 23 Pasteur, Irvine, California 92618. The record date for determining the Westcorp shareholders entitled to notice of and to vote at...
WFS Financial Inc Sets January 6, 2006 Special Meeting Date
IRVINE, Calif. -- WFS Financial Inc (Nasdaq:WFSI) today announced that a special meeting for WFS Financial shareholders has been set for 10:30 a.m. PT, Friday, January 6, 2006 at WFS Financial's headquarters at 23 Pasteur, Irvine, California 92618. The record date for determining the WFS Financial shareholders entitled to notice...
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