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Latest Wachovia News

  1. Trial of Ex-P&G, Goldman Board Member Starts in NY

    Mon, 21 May 2012

    Also played at trial was the tape of Rajaratnam grilling Gupta about whether the Goldman Sachs board had discussed acquiring Wachovia or an insurance company. "Have you heard anything along that line?" Rajaratnam asked Gupta. "Yeah," Gupta responded

  2. NY Trial of Ex-P&G, Goldman Board Member Starts

    Sun, 20 May 2012

    Also played at trial was the tape of Rajaratnam grilling Gupta about whether the Goldman Sachs board had discussed acquiring Wachovia or an insurance company. "Have you heard anything along that line?" Rajaratnam asked Gupta. "Yeah," Gupta responded

  3. Report: 26 U.S. Companies Not Paying Federal Income Tax

    Wed, 11 Apr 2012

    cited by the study were unusual for Wells Fargo, as results included significant losses as a consequence of its acquisition of Wachovia , [12/31/08] which when realized reduced Wells Fargo's taxable income." Gardner said Wells Fargo's 2011 federal

  4. Wells Fargo expands checking account fees to more states

    Thu, 8 Mar 2012

    fee. The states are Georgia, New Jersey, Delaware, Connecticut, New York and Pennsylvania, where Wells Fargo acquired Wachovia branches last year. Wells Fargo stopped offering free checking to new customers in 2010 and began charging a similar fee to

  5. Golden Parachutes: 21 CEOs Landed $100M Plus

    Fri, 27 Jan 2012

    Bancorp Jerry A. Grundhofer 2001-2006 $159,064,090 Omnicare, Inc. Joel F. Gemunder 2001-2010 $146,001,476 Wachovia /South Trust Wallace D. Malone Jr. 1981-2004 $125,292,818 United Technologies Corp. George A. L. David 1994

  6. Wells Fargo Has Strong Earnings While Citigroup Falters

    Tue, 17 Jan 2012

    deposit and loan growth, record cross-sell and record earnings. We achieved these results while completing the conversion of Wachovia 's retail banking stores – the largest such conversion in banking history – and now all of our 6,239 retail banking stores

News

  1. Banks Build Services for Super Rich

    Wed, 9 Nov 2011

    Sandy Deem, spokeswoman for Wells Fargo, said the new business is a "natural next step" in combining Wells Fargo with Wachovia , which it acquired in 2008. Headquartered in San Francisco, Wells Fargo announced last week that the combined company will

  2. Stock Market History: the 10 Worst Days

    Mon, 8 Aug 2011

    increasing fears of a global recession. Weak corporate profit forecasts, including a worse-than-expected loss from bank Wachovia . Slightly more than a month before an official recession would be declared, the Dow closed with a 514 point loss, shedding

  3. Stocks End a Day of Wild Swings Mostly Down

    Fri, 5 Aug 2011

    than economists expected. That weakness means one economic shock or policy mistake could tip the economy into a recession, Wachovia senior economist Mark Vitner said. Nigel Gault, chief U.S. economist for IHS Global Insight, said the probability of

  4. Business Highlights

    Fri, 5 Aug 2011

    8212; Wells Fargo reaches $590M Wachovia settlement NEW YORK (AP) — Wells Fargo action lawsuit filed by investors in Wachovia securities. The settlement would end federal court in Manhattan, charging that Wachovia misled investors in its bonds and preferred

  5. Wells Fargo Reaches $590M Wachovia Settlement

    Fri, 5 Aug 2011

    action lawsuit filed by investors in Wachovia securities. The settlement would end federal court in Manhattan, charging that Wachovia misled investors in its bonds and preferred risky mortgages. Wells Fargo bought Wachovia that year at the height of the financial

  6. Big companies beefed up their charitable giving last year

    Sun, 24 Jul 2011

    the bank's $219 million total made it the third-most-generous cash donor. Still, that's less than the $226 million the firm donated in 2008, the year it merged with Wachovia . Wells Fargo predicts flat giving levels for 2011.

  7. Wells Fargo Turns to Cost Cuts as Recovery Stalls

    Tue, 19 Jul 2011

    part to the ongoing combination with Wachovia , which Wells bought in late 2008 amid tactic by selling new cards sold to former Wachovia customers. Card accounts more than doubled bank is continued its combination with Wachovia . The CFO said card growth also reflects

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Videos

  1. Wachovia Bank Standoff

    Sun, 13 Feb 2011

    24 hours after a gunman walked into this Wachovia branch and took hostages the crime scene tape came down although the ATM is now the bank itself is still closed. Will apparently

    Wachovia found at 0:02

    24 hours after a gunman walked into this Wachovia branch and took hostages the crime scene tape came down although the ATM is now -- the bank itself is still closed.
  2. Gunman Shot Dead After Taking Hostages

    Thu, 10 Feb 2011

    Police surround Wachovia bank in Cary, N.C. after reported robbery.

  3. Top Google Searches: Wachovia

    Mon, 29 Sep 2008

    Collaboration Google and dominating today's top rising searches variations on Wachovia . Lot of people worried whether their deposits are safe the answer is yes they are. Bank regulators worked all weekend to keep

    Wachovia found at 0:04

    Collaboration -- Google and dominating today's top rising searches variations on Wachovia . Lot of people worried whether their deposits are safe the answer is yes they are. Bank regulators worked all weekend to keep
  4. Where Is That $700 Billion Going?

    Sun, 5 Oct 2008

    already having an effect it's what many believe inspired Wells Fargo did jump into a bidding war with Citigroup over Wachovia bank . Legendary investor Warren Buffett also credited the bill for his billion dollar investments last week in Goldman

    Wachovia found at 1:32

    inspired Wells Fargo did jump into a bidding war with Citigroup over Wachovia bank. Legendary investor Warren Buffett also credited the bill for his billion dollar investments last week in Goldman Sachs and General Electric.
  5. The Consumer Effects of the Bailout

    Fri, 3 Oct 2008

    Making news seems to be happening by the hour here we're just getting word that Wells Fargo will be acquiring Wachovia bank now just another example of the big financial institutions in trouble. Really finding strength in numbers the market

    Wachovia found at 0:04

    hour here we're just getting word that Wells Fargo will be acquiring Wachovia bank now just another example of the big financial institutions in trouble. Really finding strength in numbers the market seemed like this
  6. Earnings Reports Released

    Thu, 23 Oct 2008

    October alone and Wednesday's late selloff was driven by poor third quarter earnings reports by major companies like Boeing and Wachovia . None of these numbers that are coming in the the exception maybe apple patients say hey you want this company looks like

    Wachovia found at 0:23

    poor third quarter earnings reports by major companies like Boeing -- and Wachovia .
  7. Housing Bubble: Why 'New Suburbs' May be Safer

    Thu, 23 Mar 2006

    Dr. John Silvia of Wachovia Securities offers advice on where to buy.

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Photos

  1. Wachovia Bank Standoff
  2. VIDEO: Police surround Wachovia bank in Cary, N.C. after reported robbery.
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