Wachovia Corporation
News and overview for Wachovia Corporation
On the Boards
Philadelphia Inquirer, The | 1 hour 12 minutes ago
Albert M. Tantala Sr. has been elected chairman of 3rd Federal Bank, a Newtown bank founded in 1921 that is a subsidiary of TF Financial Corp.
Arbor Realty Trust Reports Second Quarter 2009 Results [Press Release]
PRNewswire | 107 days 21 hours 59 minutes ago
UNIONDALE, N.Y., Aug. 7 /PRNewswire-FirstCall/ --
FBR Fund Advisers, Inc. Retains David S. Rainey, Brian Macauley and Ira Rothberg as Co-Managers of FBR Focus Fund [Press Release]
PRNewswire | 101 days 11 hours 59 minutes ago
ARLINGTON, Va., Aug. 13 /PRNewswire-FirstCall/ -- FBR Capital Markets Corporation
J.D. Power and Associates Reports: Increasing Number of Delinquent Mortgage Customers Drives Need for Improved Communication by Mortgage Servicers [Press Release]
PRNewswire | 89 days 21 hours 27 minutes ago
WESTLAKE VILLAGE, Calif., Aug. 25 /PRNewswire/ -- A growing number of customers indicate they are either already behind on their mortgage payments or worried about being late, which provides mortgage servicers with an opportunity to mitigate customer distress through proactive communication, according to the J.D. Power and Associates 2009 Primary Mortgage Servicer Satisfaction Study(SM) released today.
J.D. Power and Associates Reports: Providing Information Tools to Self-Directed Investors Drives an Increase in Investor Satisfaction [Press Release]
PRNewswire | 52 days 21 hours 26 minutes ago
...Edward Jones, Morgan Stanley, UBS Financial Services, Wachovia Securities, WaMu Investments and Zecco Trading. Headquartered...Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008...
Federal Realty Investment Trust Announces Pricing of Common Share Offering [Press Release]
PRNewswire | 103 days 19 hours 59 minutes ago
ROCKVILLE, Md., Aug. 11 /PRNewswire-FirstCall/ -- Federal Realty Investment Trust
J.D. Power and Associates Reports: Notable Decline in Overall Satisfaction Among Automotive Dealers Highlights Need for Improved Service from Lenders [Press Release]
PRNewswire | 110 days 20 hours 29 minutes ago
...838 Honda Financial Services 831 Union Bank and Trust 817 Wachovia Dealer Services 814 Branch Banking and Trust 803 Ford Credit...Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008...
Commercial vacancy rates continue climb in 3{+r}{+d} quarter
Orlando Sentinel (Fla.) | 14 days 5 hours 4 minutes ago
Vacancies mounted in the third quarter for Orlando's office, industrial and retail sectors, according to a report last week from Cushman & Wakefield Co.
Earnings roundup: Wells Fargo 3Q profit rises, eBay 3Q net income down though revenue rose
Orlando Sentinel (Fla.) | 32 days 11 hours 45 minutes ago
Among the earnings stories for Wednesday, Oct. 21, from AP Financial News:
Live music and more, tonight through Thursday, compiled by Shaun Brady, Laurie T. Conrad, Tom Di Nardo, James Johnson, and Sara Sherr.
Philadelphia Inquirer, The | 24 days 2 hours 5 minutes ago
POP...plus Live music and more, tonight through Thursday, compiled by Shaun Brady, Laurie T.
100th Bank Failure of the Year
CNBC | 30 days 9 hours 58 minutes ago
More banks have failed in 2009 than the rest of the decade combined. The latest data from the Federal Deposit Insurance Corporation (FDIC) shows that the 100th bank of the year has shuttered its windows today. Partners Bank in Naples, FL is the latest victim to the economic downturn. Since the Dow [.DJIA Loading... () ] and S&P [.SPX Loading... () ]peaked in October 2007, over 125 banks have met their end, with ~80% of them happening this year.
WaMu: Hometown bank turned predatory
Hartford Courant (Conn.), The | 23 days 18 hours 58 minutes ago
SEATTLE For decades, Washington Mutual lived up to its image as a staid, straight-laced Seattle institution. Its motto: "The Friend of the Family."
Someone to watch over them
Economist, The | 38 days 18 hours 19 minutes ago
IS THERE any limit to the audacity of Scandinavians? Not content with stirring up America’s polarised politics by awarding Barack Obama a premature Nobel peace prize, they are also stirring up America’s polarised debate on corporate governance.
Bank Deals Are Getting Hefty IRS Breaks
CFO Magazine | 28 days 16 hours 15 minutes ago
Some in Congress are critical and note the possibility of abuse, including from one recent change in the tax code's Section 382.
Treasury, GMAC in talks for 3rd round of US aid
Yahoo! | 26 days 3 hours 7 minutes ago
NEW YORK – GMAC Financial Services is in talks with the Treasury Department for a third injection of taxpayer aid as the auto lender faces a November deadline to raise the $11.5 billion capital cushion mandated by results of the government's "stress test" earlier this year.
Company Overview
| Company: | Wachovia Corporation |
|---|---|
| Industry: | Superregional Banks |
| Website: | http://www.wachovia.com |
More proof that banking has become the wild wild West: Wachovia wed Wells Fargo at the end of 2008 to create North America's most extensive financial services company with some $1.3 trillion in assets and 6,650 branches from coast to coast. The deal integrated Wachovia's network of branches focused in eastern and southern states and gave California-based Wells Fargo a presence along the East Coast. The banking powerhouse now is the fourth-largest in the US reaching customers in some 40 states. The merger also included Wachovia's retail brokerage Wachovia Securities (renamed Wells Fargo Advisors), Wachovia Capital Management (now Wells Fargo Securities), and mutual fund arm Evergreen Investment Management.
Key Numbers
| Sales in U.S. Dollars (mil.) | 0 () |
|---|---|
| One-year % Growth in Sales | 0.0 () |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 0 (0) |
| One-year % Growth in Number of Employees | 0.0 (0) |
| Fiscal Year-End |