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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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
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Private banker leaves First Market, joins Wells Fargo
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Report: TARP Funds Oddly Dispersed
News & Analysis
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salomon smith barney and wachovia corp. - All News and Analysis
Whos News
- 2008-02-01
Wirehouses Morgan Stanley, Folsom, Calif., recruited Cary M. Allison from Wachovia Corp. in Folsom. Allison earned $2.05 million and had assets under management of $367 million. He had been at Wachovia since 2003, and also worked at Prudential and Piper Jaffray Inc. Don C. Garman joined Morgan Stanley...
Who's News
- 2007-06-01
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
- 2007-05-01
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,...
Who's News
- 2007-04-01
WIREHOUSES Gustavo Klimberg and Jamie Fals have bolted from Lehman Brothers to join Morgan Stanley as executive directors in the firm's Latin America private wealth division. The duo-based out of Morgan's Miami offices-administered $400 million in client assets and produced $4.2 million in annual revenue. ...
Who's News
- 2007-02-01
Wirehouses Alan J. Levinsohn and Julie A. Shide, who together grossed $2 million at Smith Barney in Boca Raton, Fla., have jumped to Morgan Stanley in that city. The duo oversaw $135 million in client assets. Donald M. Kerr, Raymond J. Moseman and...
Who's News
- 2007-01-01
Wirehouses Robert Wolf is taking over as chairman and chief executive officer of UBS Americas-positions previously held by Mark B. Sutton, who is retiring. Wolf will retain his current role as chief operating officer of UBS's global investment bank. Smith Barney has hired three advisors...
Financial planning firms: companies ranked by assets under management
- 2006-12-25
THE PACESETTER MERRILL LYNCH & CO. INC. MERRILL LYNCH & CO. INC. is the leader on the Business Journal's Financial Planners List with $1.8 trillion in assets under management firmwide. Merrill Lynch, established in 1914, now employs over 50,000 people and had earnings of $5.1 billion, or...
Who's News
- 2006-10-01
WIREHOUSES Ernesto A. de la Fe is the new head of Morgan Stanley Private Wealth Management's ultra-high-net-worth division for Latin America. As managing director, he has opened a private wealth management office in Miami in order to serve Latin American WIREHOUSES Ernesto A. de la Fe is the new...
Who's News
- 2006-08-01
WIREHOUSES Christian J. Mendes and Luis O. Lopez Jr., formerly with HSBC in Coral Gables, Fla., have joined Wachovia Securities' Miami office. The duo supervised a combined $339 million in assets under management. Leonard H. Johnson, formerly of Smith Bar WIREHOUSES Christian J. Mendes and Luis O. Lopez Jr., formerly...
Who's News
- 2006-07-01
Wirehouses Holly Ziegel Ruxin, the No. 1 producer at Banc of America Securities in San Francisco, has moved to Morgan Stanley's ultra-high-net-worth unit in that city. She generated $2.3 million in revenues and had $400 million in client assets. Robert W. Wirehouses Holly Ziegel Ruxin, the No. 1 producer at...
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