Wachovia

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The Wachovia; Corporation, based out of Charlotte, North Carolina, has been in operation since 1879 when it started out as Wachovia National Bank in Winston-Salem, North Carolina.

According to their official site, as of the end of June 2008, Wachovia had over 3,300 financial centers, 1,500 retail brokerage offices, and 5,300 ATMs nationwide. Wachovia's corporation is actually comprised of four internal divisions: Capital Management, Corporate and Investment Banking, General Bank, and Wealth Management.

The financial crisis of 2008, though, impacted Wachovia. Wells Fargo had agreed to buy the struggling institution just days after Wachovia had agreed to a similar settlement with Citigroup.

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Latest blogosphere posts tagged “Wachovia”

  • SMEF ‘Surprize Patrol’ awards grants


    Newstreamz San MarcosAuthority Authority: 149
    The San Marcos Education Foundation (SMEF) recently played "Math and Science" Santa to some grateful educators in San Marcos CISD.
    4 hours ago
  • Super Banks: Structured To Fail


    Newsroom MagazineAuthority Authority: 128
    So, while bank examiners comb through every loan transaction, collateral documentation, and performance history, the greater risks, those largely institutional as opposed to transactional, and the incentive to take those risks, goes largely unchallenged.New YorkIn the two decades since repeal of Glass-Steagall, ...
    1 day ago
  • Security camera catches ATM robbery in progress


    DavidsonNews.netAuthority Authority: 439
    Davidson police this afternoon released these images from an armed robbery at the Wachovia ATM on Main Street early Friday. The images show a masked man confronting a man who was using the ATM at 12:06 a.m. Friday. The robber got away with cash and a digital camera. More information in our earlier news item, CLICK ...
    3 days ago
  • U.S. gave up billions in tax money in deal for Citigroup’s bailout repayment


    Politics or PoppycockAuthority Authority: 135
    DEAL MADE TO RECOVER BAILOUT Firms exempted from rule when U.S. sells its stakeCitigroup says it has built up $38 billion in losses. With the tax exemption, it will be able to shelter up to $38 billion in future profits. (Richard Drew/associated Press)By Binyamin AppelbaumWashington Post Staff WriterWednesday, ...
    3 days ago
  • The Latest Penguins Buzz


    Inside Pittsburgh SportsAuthority Authority: 440
    Since the 2006-2007 season including playoffs, the Pittsburgh Penguins are 23-10 against the Philadelphia Flyers. Pittsburgh moved to 3-0 against Philadelphia this season after Thursday night’s 3-2 shootout win at the Wachovia Center. The Flyers are free falling, currently in last place in the Atlantic Division as ...
    3 days ago
  • Man robbed while using ATM on Main Street


    DavidsonNews.netAuthority Authority: 439
    A man using the Wachovia Bank automated teller machine on Main Street was robbed at gunpoint early this morning, just after midnight. The victim told police he was using the ATM when he was approached by a black male suspect wearing a ski mask and carrying a handgun. The robber took an undisclosed amount of cash ...
    3 days ago
  • Wells Fargo Spoils Citis Party (Again)


    DealBookAuthority Authority: 767
    At least twice over the past year or so -- and especially this week -- Citigroups best-laid plans have been derailed by Wells Fargo, its scrappier West Coast rival.
    4 days ago
  • Allen Iverson Spotlight


    NBA VideoAuthority Authority: 172
    NBA Action Spotlight, Vote AI for 2010 NBA All-Star www.nba.com Iverson Returns to Philly ESPN,Philadelphia VS Nuggets Game 12 07 09,Allen Iverson’s return to Philly,Wachovia Center 7 09,Nuggets Vs, 76ers, … “NBA Action Spotlight” “Wachovia Center 7 09″ “Nuggets Vs” 76ers Click to watch the video »
    4 days ago
  • Bon Jovi Tickets Philadelphia, PA March 24, 2010 Wachovia Center


    Preferred-Seats.com BlogAuthority Authority: 145
    Bon Jovi Tickets Philadelphia, PA March 24, 2010 Wachovia Center Bon Jovi Wachovia Center tickets for Bon Jovi Philadelphia, PA March 24, 2010 are on sale. Bon Jovi March 24, 2010 tickets and seats at Wachovia Center are subject to availability. Get your Bon Jovi tickets for Wachovia Center now! Bon Jovi Concert ...
    4 days ago
  • Prudential to Bank $1.5 Billion From Wachovia Sale


    DealBookAuthority Authority: 767
    Prudential Financial said on Wednesday it expects the sale of its minority stake in Wachovia Securities to produce a $1.5 billion after-tax gain.
    4 days ago
  • Prudential sees $1.5 billion gain from Wachovia sale


    Business BlogAuthority Authority: 174
    NEW YORK (Reuters) - Prudential Financial, the second-largest U.S. life insurer, said on Wednesday it expected the sale of its minority stake in Wachovia Securities to produce a $1.5 billion after-tax gain. See the original post here: Prudential sees $1.5 billion gain from Wachovia sale ...
    5 days ago
  • Your turn: Help select the top St. Louis business stories of the decade


    Mound City MoneyAuthority Authority: 423
    Last year’s takeover of Anheuser-Busch by InBev was, without a doubt, the biggest local business story of the past decade. Unless anyone objects, we’ll put it on our top 10 list by acclamation. Which stories belong in slots 2 to…
    6 days ago
  • Must Know Details About a Wachovia Loan Modification


    SreelancerAuthority Authority: 176
    The Wachovia loan modification program has been primarily put in place in order to prevent the high rate of loan default that is happening with their loans. Most people are finding the adjustable rate loans of Wachovia difficult to pay after some time, especially the loan program that is titled as ‘Pick a ...
    6 days ago
  • Bust Buy


    ChickaboomerAuthority Authority: 445
    CNBC "Mad Money" madman Jim Cramer tells suckers to buy Best Buy before today. Wouldnt you know it the stock plunged ?
    6 days ago
  • golden globe nominations 2010, ll zamenhof, …


    WORDPRESS-TEMPLATES-PLUGINS-RSSAuthority Authority: 154
    golden globe nominations 2010, ll zamenhof, … golden globe nominations 2010ll zamenhofwachovia possibilitiestheresa rogers picturescrack piewachovia rewards787 first flight schedulezeo sleep monitortiger hghroman shadestaleon goffneytiger woods steroidsbill of rights daydunnellen halltheresa rogers tiger woodstiger ...
    6 days ago
  • Wachovia Possibilities Rewards program


    Wide TrendsAuthority Authority: 138
    Wachovia Possibilities Rewards program! Wachovia Possibilities Rewards program offers an average of 10 bonus points per $1 spent through their online shopping network of brand-name merchants including Barnes & Noble, Target.com, The Home Depot, Overstock.com, Dell, and many more.Earn bonus points on all of your ...
    6 days ago
  • Is Citi the Ideal Speculation Play?


    Wall Street PitAuthority Authority: 663
    “But now there are only two banks left that need to issue stock to get out from under TARP, Citigroup and Wells Fargo, which denies it has to. But give me a break…With this stock offering, you’re getting Citigroup in a price that is far more beaten down than it deserves to be. And you [...]
    6 days ago
  • Is Citi the Ideal Speculation Play?


    The Razor's EdgeAuthority Authority: 427
    “But now there are only two banks left that need to issue stock to get out from under TARP, Citigroup and Wells Fargo, which denies it has to. But give me a break…With this stock offering, you’re getting Citigroup in a price that is far more beaten down than it deserves to be. And you have to take advantage of ...
    6 days ago
  • Wells Fargo lending units to combine


    Business Finance & Economy - business.marc8.comAuthority Authority: 166
    Wells Fargo & Co. said Monday it will combine its various lending operations into one unit, including business it acquired through its purchase of Wachovia Corp. late last year.
    1 week ago
  • Three Days Grace, Flyleaf, Chevelle Tour Dates


    Braingell RadioAuthority Authority: 151
    THREE DAYS GRACE will headline three shows with CHEVELLE and FLYLEAF starting on February 4 in Erie , PA at the Tullio Arena. The additional shows will be: February 5 – Albany , NY @ Washington Avenue Armory February 6 - Wilkes-Barre , PA @ Wachovia Arena
    1 week ago

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