its accounting provisions for loan losses, in part because of continued bleeding on mortgage and other loans at...
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WACHOVIA CORP.
Wachovia Corp., a financial holding company, provides commercial and retail banking services, and other financial services in the U.S. and internationally. In September 2008, a small bidding war broke out when Wachovia announced that it was going to sell its banking operations to Citigroup. In October, Wachovia and Wells Fargo announced a merger agreement, which was eventually approved by the Federal Reserve.
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NEW YORK, Jan 20 (Reuters) - Wachovia's monthly U.S. housing cost index declined in December for the second time in a...
Citigroup will pay $1 a share, or about $2.2 billion, according to people briefed on the deal. Federal regulators...
part of the problem. BoA chivalrously bought Mama Merrill, while Citi offered to buy the failed high-street bank...
the cost of acquiring the troubled banks. Wells Fargo & Co., for example, made a bid to acquire Wachovia Corp.
Fargo & Co.'s stock is also down. Some employees who were let go in the integration of Wachovia Corp.
closed off $1.57, or 6 percent, to $24.34. Wells Fargo & Co , whose purchase of troubled Wachovia Corp propelled it...
few months ago, it looked as though Citi could finally build a national presence through a merger with Wachovia.
Stempel NEW YORK, Jan 14 (Reuters) - Somewhere in Bank of America Corp (BAC.N Thompson, who ran Wachovia Corp, was...
in BB&T Corp. (NYSE: BBT) and $25 billion in Wells Fargo & Co. (NYSE: WFC), which recently bought Wachovia Corp.
Topics:Mergers & Acquisitions | Banking Sectors:Financial Services | Banks Companies:Wachovia Corp | Washington...
thrift Washington Mutual Inc. And Wells Fargo beat Citigroup in its pursuit of troubled Charlotte, N.C.
deposits of failed thrift And Wells Fargo beat Citigroup in its pursuit of troubled Charlotte, N.C., bank Wachovia Corp.
has declined for 17 straight months, with drops of 1.6% or more over the past six months. Wachovia chief economist John...
of the two companies. Wells Fargo employs more than 20,000 workers in Charlotte, the former headquarters of Wachovia,...
Wells Fargo & Co. is trimming jobs now that its merged with Wachovia Corp. The bank is cutting at its auto loan...
Service on Tuesday downgraded ratings on Wells Fargo and Co. on concerns that the bank's acquisition of Wachovia Corp...
Charlotte, N.C., as CFO. 2001: One of architects of First Union's $14-billion (U.S.) takeover of Wachovia Corp.
portfolio for the year, a sharp increase from 2008 as the bank absorbs the loans of recently acquired Wachovia Corp.
500) has completed its acquisition of Merrill Lynch. Wells Fargo (WFC, Fortune 500) has completed its purchase of...
years of independence for the Wall Street investment bank and brokerage. One day earlier, Wells Fargo finished buying...
As expected, Wells Fargo & Co. completed its $12.7 billion acquisition of Wachovia Corp. before the end of 2008,...
HONG KONG (MarketWatch) -- Wells Fargo & Co. said Thursday it completed the acquisition of Wachovia Corp.
of America Corp completed its purchase of Merrill Lynch & Co and Wells Fargo & Co finished buying Wachovia...
also includes Wells Fargo & Co. (WFC, Fortune 500)'s $12.7 billion acquisition Wednesday of Charlotte-based rival...
Top Sources: Wachovia Corp.
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