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Sep 1, 2010 · On October 2, during the period Citigroup and Wachovia were negotiating a final merger agreement, the board of directors of Wachovia received a communication from Wells Fargo that included an offer from Wells Fargo to acquire all of Wachovia's stock by merger.
Jan 1, 2009 · WFC. +0.34%. HONG KONG (MarketWatch) -- Wells Fargo & Co. said Thursday it completed the acquisition of Wachovia Corp., creating a financial-services giant with $1.4 trillion in assets, a service...
Oct 14, 2011 · By Adam O'Daniel. – Finance Editor, Charlotte Business Journal. Oct 14, 2011. The Wachovia era is over. On Oct. 14, Wells Fargo & Co. retired the Wachovia name in North Carolina, the state...
Oct 6, 2018 · Journal File Photos. It has been 10 years since the collapse of Wachovia Corp. shook Winston-Salem. After taking earnings hits for several quarters, Wachovia — the fourth-largest U.S. bank ...
Feb 19, 2009 · Wachovia was known for risky loans in their commerical and real estate sector. Wells just took $37.2billion credit write down on 12/31 of wachovia's high risk loan. And theres more coming.
Oct 3, 2008 · NEW YORK (MarketWatch) -- Wells Fargo & Co. and Wachovia Corp. have agreed on a $15 billion merger that highlights the buyer's strong balance sheet and its aspiration to expand its presence in...
The Wachovia Corporation developed from a small bank in Salem, North Carolina to become the fourth-largest bank holding company in the United States. Before Wells Fargo acquired Wachovia in 2008, it was the largest bank in the South, and it had the most extensive trust corporation, or financial service that assists with corporate wealth ...
