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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sec and wachovia corp. - All News and Analysis
Wachovia Corp. Q3 2008 Earnings Call Transcript
Earnings Call ExcerptWachovia Corp. WB Q3 2008 Earnings Call October 22, 2008 10 am ET Executives Alice Lehman - Director, Wachovia Investor Relations Robert K. Steel - CEO and President David Zwiener - CFO Kenneth Phelan - Chief Risk Officer Presentation Alice Lehman Thank you...
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...
Wells Fargo Statement on Appellate Court Decision to Vacate Temporary Restraining Order
SAN FRANCISCO -- Wells Fargo & Company (NYSE:WFC) issued the following statement this evening regarding Citigroup's claimed exclusivity agreement with Wachovia Corporation: "The appellate court has entered an order vacating Judge Ramos's order of yesterday. We are pleased that the unfounded order entered yesterday has been vacated. Wells Fargo...
Wells Fargo Statement on Definitive Agreement With Wachovia
SAN FRANCISCO -- Wells Fargo & Company (NYSE:WFC) issued the following statement today on its definitive agreement with Wachovia Corporation (NYSE:WB): "Wells Fargo and Wachovia have a firm, binding merger agreement. That agreement represents a transaction that, in stark contrast to Citigroup's proposal, provides significant and certain value to...
Credit Suisse Securities and Wachovia Capital Markets LLC Confirm Commitment to Debt Financing for JDA Software's Pending Acquisition of i2 Technologies
Wells Fargo Foothill Joins Syndicate SCOTTSDALE, Ariz. -- JDA([R]) Software Group, Inc. (NASDAQ: JDAS) today announced that Wells Fargo Foothill has recently joined the financing syndicate, led by Credit Suisse, taking a sizable hold position. JDA will host a bank meeting for the syndication of the debt in early...
Bookshelf
The Securities and Exchange Commission SEC enforcement staff has notified Wachovia Bank that they may recommend the SEC file charges against it, as a result of an investigation into alleged anti-competitive bidding practices in municipal derivatives and investment products. Wachovia Corp. disclosed the SEC warning in the 10-Q quarterly financial...
Bostwick Laboratories Announces Initial Public Offering
GLEN ALLEN, Va. -- Bostwick Laboratories, Inc. today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock. Bostwick Laboratories will offer all of the shares to be issued and sold in the initial...
Orthovita to Participate in the 2008 Wachovia Healthcare Conference
MALVERN, Pa. -- Orthovita, Inc. (NASDAQ:VITA), a spine and orthopedic biosurgery company, announced today that it will present at the 2008 Wachovia Healthcare Conference in Boston. Antony Koblish, president and chief executive officer of Orthovita, is scheduled to present on Thursday, January 31st, at 1:00 p.m. Eastern Time, at The...
MarkWest Energy Partners to Present at the Wachovia Pipeline and Energy MLP Symposium
DENVER -- MarkWest Energy Partners, L.P. (NYSE:MWE) announced today that Frank Semple, President and Chief Executive Officer, and Nancy Buese, Senior Vice President and Chief Financial Officer, will present at the Wachovia Pipeline and Energy MLP Symposium to be held on December 6th, at the Jumeirah Essex House in New...
Vestar Capital Partners to Acquire Radiation Therapy Services, Inc. in $1.1 Billion Deal
Company is the largest radiation therapy focused provider of advanced clinical oncology treatments Management team backs buyout, retains a significant ownership in business going forward NEW YORK -- Radiation Therapy Services, Inc. [Nasdaq: RTSX] and Vestar Capital Partners today announced that the Company has entered into an agreement...
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