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Wachovia Is Now Wells Fargo Founded in Winston-Salem, N C as Wachovia National Bank on June 16, 1879, Wachovia grew to be one of the largest diversified financial services companies in the United States It traded on the New York Stock Exchange under the symbol WB
Wachovia - Wikipedia Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets [3] Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services
Wachovia: The Rise and Fall of a Banking Giant Wachovia’s journey from a regional bank to a national giant illustrates the complexities of the banking industry The collapse of Wachovia revealed critical flaws in risk management and regulatory oversight
Wachovias meteoric rise and catastrophic fall in banking - CGAA Wells Fargo was able to acquire Wachovia for a fraction of its estimated value, thanks to a secret deal with regulators that allowed Wells to merge with Wachovia despite Citigroup's funding efforts
The Collapse of Wachovia - How a Bank with $38 in Book Value Per Share . . . Wachovia has been hurt badly by its 2006 purchase of Golden West Financial, a California lender specializing in so-called pay-option mortgages And the bank also faced mounting losses on loans made to home builders and commercial real estate developers
The Wachovia Corporation - North Carolina History The Wachovia Corporation developed from a small bank in Salem, North Carolina to become the fourth-largest bank holding company in the United States
Wachovia - Wikiwand Wachovia was a diversified financial services company based in Charlotte, North Carolina Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets [3]
Wachovia Securities - Wikipedia Wachovia Securities' main predecessors were Prudential Securities and First Union Securities, both of which were large nationwide brokerages that had grown from mergers and acquisitions beginning as far back as 1897 and 1934, respectively