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Wells Fargo & Company acquired Wachovia Corporation
- In 2008, Wells Fargo & Company acquired Wachovia Corporation to create North America’s most extensive distribution system for financial services, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through approximately 4,600 retail banking branches, more than 11,000 ATMs, the internet (wellsfargo.com), and other distribution channels across North America and internationally.
www.wellsfargo.com › about › corporate
The integration of Wachovia and Wells Fargo is complete, and all Wachovia accounts have been moved to Wells Fargo. Need help? If you are a customer and want to access your accounts online, please go to wellsfargo.com. If you have questions, please call us at 1-800-TO-WELLS (1-800-869-3557).
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Why did Wells Fargo & Co merge with Wachovia?
Will Wells Fargo buy Wachovia without FDIC assistance?
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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.
Sep 1, 2010 · Based on an IRS notice issued September 30, Wells Fargo had determined that certain U.S. federal income tax benefits resulting from the proposed Wachovia transaction would allow it to acquire Wachovia without FDIC assistance.
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...
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...
Dec 23, 2008 · CHARLOTTE, N.C., Dec. 23 /PRNewswire-FirstCall/ -- Wachovia Corporation (NYSE: WB) announced today that its shareholders approved the Wells Fargo merger at its special meeting of shareholders. The merger was approved by approximately 76 percent of the votes entitled to be cast by the holders of Wachovia's outstanding shares of common stock and ...
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...
