Wachovia, Wells Fargo move slowly

The Wachovia Building probably will remain the Wachovia Building for a few years. The Wells Fargo name and stagecoach...aren't likely to dot the Augusta skyline soon. Though Wachovia has been part of Wells Fargo for 19 days, Augusta market...

Local Business | Business
Wachovia to settle SEC charges

WASHINGTON - Wachovia Corp. agreed to pay a $37 million...Commission alleged in a lawsuit that Wachovia and First Union failed to disclose in...statement related to the merger that Wachovia intended to, and did in fact, buy...

Wachovia discloses likely SEC action

WASHINGTON -- Wachovia Corp. disclosed Tuesday that federal...2001 merger with First Union Corp. Wachovia said it received a notice from the Securities...before a formal complaint is filed. "Wachovia intends to vigorously defend against...

Wachovia buying Prudential brokerage business

CHARLOTTE, N.C. -- Wachovia Corp. announced Wednesday that it...new business that will be known as Wachovia Securities, the companies said in...leverage our distribution network," Wachovia chairman and chief executive Ken Thompson...

Citigroup will buy Wachovia

...Citigroup agreed Monday to buy Wachovia's banking operations for $2.1 billion...crisis. The FDIC asserted Monday that Wachovia did not fail, that all depositors are...absorb up to $42 billion of losses from Wachovia's $312 billion loan portfolio, with...

Wells Fargo, Wachovia shareholders approve deal

NEW YORK - Wells Fargo & Co. and Wachovia Corp. shareholders on Tuesday voted...Fargo's $11.8 billion purchase of Wachovia. The combination creates one of the...largest banks. A combined Wells Fargo and Wachovia will have more than $1.42 trillion...

Wachovia unveils cuts, posts higher profit

...C. - The financial services giant Wachovia Corp. posted a 32 percent rise in fourth-quarter...layoffs. The job cuts are part of a plan Wachovia executives outlined Wednesday to trim...expenses by $400 million to $500 million. Wachovia said fourth-quarter earnings set a...

Wachovia in deal to buy competitor SouthTrust

NEW YORK -- Banking giant Wachovia Corp. is buying competitor SouthTrust...the Southeastern U.S. and give Wachovia new leverage in the large Texas banking...Southwestern states," Ken Thompson, Wachovia's chairman, president and CEO...

Wachovia, Interstate/Johnson Lane meger approved

...securities brokerage Interstate/Johnson Lane under the Wachovia bank banner. Wachovia Corp., an interstate bank holding company with...27. It is expected to be completed April 1. Wachovia's name will not change. But Interstate/Johnson...

Wachovia buys Golden West

SAN FRANCISCO - Wachovia Corp., the nation's fourth-largest...But the proposed sale price dropped as Wachovia's stock declined amid investor concerns...affect the bank's future earnings. Wachovia shares fell $3.97, or 6.7 percent...