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Wachovia Corporation is a multinational banking corporation providing a wide range of financial services to both consumers and businesses. It provides financial services through its four divisions: General Bank, Wealth Management, Capital Management, Corporate and Investment Banking.
Wachovia suffered from financial insolvency in 2008, spurred by the subprime mortgage crisis. Wells Fargo bought the company in 2008 in an $11.7 billion acquisition.USA Today: Federal Reserve approves Wells Fargo's Wachovia buy (October 13, 2008) The two will eventually merge into one bank.Wells Fargo: Customer Frequently Asked Questions
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Fast Facts
- Annual revenue (2007): $55.5 billion
- Year Established: 1908
- Industry: Finance and Insurance
- Phone: (704) 590-0000
- Fax: (704) 374-3425
- HQ: Charlotte, North Carolina
- CEO and President: Robert Steel
- CFO: David K. Zwiener
- Other key people: Stephen E. Cummings
- Bought by Wells Fargo in 2008 in a $11.7 billion dealUSA Today: Federal Reserve approves Wells Fargo's Wachovia buy (October 13, 2008)
- Federal Reserve approved the take over on October 12, 2008
- Wells Fargo and Wachovia are currently two separate banks; will eventually merge into oneWells Fargo: Customer Frequently Asked Questions
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Key Dates
- 1879: Wachovia National Bank established
- 2001: First Union Corporation merges with Wachovia
- 2003: Wachovia and Prudential form Wachovia Securities
- 2008: Wells Fargo buys Wachovia
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Official Site: Wachovia
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Wells Fargo & Company: Frequently Asked Questions Regarding Acquisition of Wachovia
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Wells Fargo & Company: Official Site
Start here to bank and pay bills online. Wells Fargo provides personal banking, investing services, small business, and commercial banking.wellsfargo.com -
Wikipedia: Wachovia
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Funding Universe: Wachovia Corporation Company History
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CNN: Wells Fargo suffers $2.6 billion loss
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USA Today: Federal Reserve approves Wells Fargo's Wachovia buy
usatoday.com (October 13, 2008)
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Official Site: Wachovia
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Wachovia Corporation on Twitter Powered by Twitter
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Wachovia Corporation: Teller - Roving in Garner, NC in Banking #jobs #job http://hashjobs.com/job/HJ3313844
@hashjobs | July 09, 2009 04:37 PM -
Yahoo! Hotjobs: LSC (RBC)-Wachovia Corporation-Kennesaw,GA-http://hotjobs.yahoo.com/j/JX7A13UX6JM #jobs
@atl_adm_jobs | July 09, 2009 04:31 PM -
Wachovia Corporation: Teller in Baltimore, MD in Banking #jobs #job http://hashjobs.com/job/HJ3057034
@hashjobs | July 09, 2009 12:27 PM -
Events Job: Financial Center Manager - Wachovia Corporation - Newark, NJ: Must be willing to represen.. http://bit.ly/2roawF
@nyeventsjobs | July 09, 2009 11:33 AM -
Wachovia Corporation Announces Exercise of Over-Allotment Options Bringing Total Common Stock and Convertible Preferre - http://bit.ly/ddRXx
@emilywelliver | July 09, 2009 08:20 AM
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Wachovia Corporation on Amazon | View All
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Wachovia Corporation admits ties to slavery; apologizes.(BLACK HISTORY): An article from: Jet - $5.95
This digital document is an article from Jet, published by Johnson Publishing Co. on June 20, 2005. The length of the article is 427 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML fo...
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Wachovia Corporation.(Employers Profile): An article from: The Black Collegian - $5.95
This digital document is an article from The Black Collegian, published by iMinorities, Inc. on February 1, 2003. The length of the article is 544 words. The page length shown above is based on a typical 300-word page. The article is delive...
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Questions and Answers About Wachovia Corporation | View All | Ask a Question
View All Wachovia Corporation Questions (79) | Ask a QuestionDoes Wachovia have a new stock ticker symbol since the merger with Wells Fargo? The WB does not work anymore. (2 Answers)The ticker has been pulled from the market as the company goes through the merger. The only thing that still works are their preferred stock tickers. However, even these will ... read moreHow much money is loaned through corporate bonds in 2006, 2007, 2008? (1 Answer)Not too long ago I read a WSJ article that answered part of your question: according to the article, in 2007 there were $723.6 billion of corporate bonds issued in ... read moreIs the term corporate social responsibility an oxymoron? (6 Answers)I started writing a reply to this when I found a source that conveyed my position almost perfectly. "The voices calling for corporate reform are getting louder. "Corporate social responsibility ... read moreWhat do people mean when they use the phrase, corporate socialism? (2 Answers)Here's a great article on Corporate Socialism by Ralph Nader: http://www.commondreams.org/views02/0718-02.htm And here's a blog on the same topic: http://en.wordpress.com/tag/corporate-socialism/ This article is in the opposite vein, with a take ... read more
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Wachovia Corporation News and Articles | Add a Link
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Google News
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Wachovia News Room: Official Press Releases
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CNN: Wells, Citi square off in Wachovia bid
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Contra Costa Times: Wachovia is expanding since merger (2007)
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Charlotte Business Journal: Wachovia names regional private-banking head (2007)
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Business Week: Wachovia's Change of Heart (2006)
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Business Week: Wachovia: Bigger and Still Sound (2006)
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Red Cross: Wachovia And Its Employees Respond To Hurricane Katrina (2005)
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CNN Money: Wachovia apologizes for ties to slavery (2005)
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CNN Money: Data at Bank of America, Wachovia, others compromised (2005)
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Google News
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Wachovia Corporation Divisions or Affiliates | Add a Link
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Wachovia Corporation History and Background | Add a Link
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Wachovia Corporation Criticism and Commentary | Add a Link
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Co-op America: Wachovia Responsible Shopper Profile
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Department of Labor: Wachovia Corporation Agrees to Pay $5.5 Million to Women... (2004)
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FP Passport: A strange flurry of nasty press for Wachovia (2007)
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Consumerism Commentary: Wachovia Charging Monthly $5.95... (2007)
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New York Times: Corporate Profits, From Data Sold to Thieves (2007)
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Co-op America: Wachovia Responsible Shopper Profile
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Wachovia Corporation Competitors
- Bank of America: Official Website | Mahalo
- CitiGroup: Official Website | Mahalo
- SunTrust Banks, Inc.: Official Website
- Washington Mutual: Official Website
- Wells Fargo: Official Website
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