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Wachovia Is Now Wells Fargo. Share. 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.
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. Wachovia provided a broad range of banking, asset management , wealth management , and corporate and investment banking products and services.
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...
Jan 1, 2009 · 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 network...
Oct 14, 2011 · It’s the conclusion of a three-year integration that began in October 2008, when San Francisco-based Wells Fargo reached a deal to buy Charlotte-based Wachovia as it stumbled amid economic...
- Adam O'daniel
- Finance Editor
- aodaniel@bizjournals.com
- Charlotte Business Journal
Jan 1, 2009 · NEW YORK, Jan 1 (Reuters) - Wells Fargo & Co said it has completed its roughly $12.7 billion purchase of Wachovia Corp, a big bet that it properly assessed the risks in Wachovia's huge book...
Oct 6, 2008 · Wells Fargo & Co. said Sunday that its takeover agreement with Wachovia will go forward, as an appellate court overturned an earlier decision to block its acquisition of Wachovia Corp.
