Wells Fargo
Search results
Archived official website at the Wayback Machine (archive index) Wachovia was a diversified financial services company based in Charlotte, North Carolina. 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]
Wells Fargo acquired Wachovia in 2008 to create a leading financial services company in North America. Learn about Wachovia's origins, products, and services, and how to access your accounts online.
Feb 19, 2009 · With blood pouring through the streets in the banking sector, much of it for good reason, we'll look at Wells Fargo and Wachovia, separate and together. Grab a cup of coffee.
- Joe Ponzio
Oct 3, 2008 · The Wells Fargo deal appears to benefit the FDIC by getting it off the hook to protect Citigroup against losses on $312 billion of Wachovia's more troubled assets -- including more than $100 ...
Oct 3, 2008 · The announcement comes only four days after Citigroup reached an agreement in principle to buy Wachovia’s banking operations for about $1 a share, at the government’s behest and with a...
Oct 3, 2008 · The transaction, based on Wells Fargo's closing stock price of $35.16 on Thursday, is valued at $7 a share. To pay for the deal, Wells Fargo will have to raise up to $20 billion in capital by ...
Apr 9, 2009 · Wells Fargo bought Wachovia for about $12.5 billion on Dec. 31. The bank has said it expects $5 billion in annual cost savings from the acquisition. Charge-offs are expected to total $3.3 billion...
