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Wachovia

Wachovia, based in Charlotte, North Carolina, is a diversified, wholly owned financial services subsidiary of Wells Fargo. As an independent company, it was the fourth-largest bank holding company in the United States based on total assets.

The purchase of Wachovia Corporation by Wells Fargo was completed on December 31, 2008. Wells Fargo purchased Wachovia after a government-forced sale to avoid a failure of Wachovia. Read More

Headlines Around the Web

Wells Fargo plans global expansion drive

Mar 05, 2012 - Financial Times

Wells Fargo to pay $148M fine for Wachovia misdeeds

Dec 09, 2011 - CNN Money

Warburg’s Cortview Cuts Commercial Mortgage Team Led by Green

Sep 30, 2011 - Business Week

Wells Fargo Agrees to Settle Wachovia Case for $590 Million

Aug 06, 2011 - Business Week

Wells Fargo Agrees to $590 Million Settlement of Wachovia Claims

Aug 05, 2011 - Business Week

Wells Fargo Adds Program Trading as Securities Unit Expands

Aug 03, 2011 - Business Week

Wells Fargo to Pay $11 Million to Settle SEC CDO Sale Claims

Apr 06, 2011 - Business Week

SEC brings charges vs. Wachovia over CDOs

Apr 06, 2011 - MarketWatch

MarketWatch First Take: Wachovia’s legacy leaves a mark for Wells Fargo

Apr 05, 2011 - MarketWatch

Wachovia Held $29 Billion in Fed’s Discount-Window Borrowing

Apr 01, 2011 - Business Week

Gupta Told Rajaratnam of Goldman Talks on Wachovia, AIG

Mar 16, 2011 - Business Week

Wachovia Manager in Virginia Admits to $14.1 Million Fraud

Mar 05, 2011 - Business Week

Wells Fargo Surpasses JPMorgan as Top U.S. Bank by Market Value

Dec 17, 2010 - Business Week

Wells Fargo to pay Citi US$100 million over Wachovia

Nov 20, 2010 - Financial Post

Wells Fargo Pays Citigroup $100 Million Over Wachovia

Nov 20, 2010 - Business Week

Citigroup gets $100 million in Wachovia settlement

Nov 20, 2010 - MarketWatch

Wells Fargo reports record quarterly profits

Oct 20, 2010 - Financial Times

Jury is still out over rescue of Wachovia

Sep 29, 2010 - Financial Times

Articles About Wachovia

Exclusive: Wells Fargo cuts approved list of money managers

By Reuters

Wells Fargo & Co is slashing an approved list of money managers and investment vehicles that its stockbrokers market to the firm's wealthy clients, a change of direction that has rattled the third-largest U.S. brokerage network. (Apr 15)

MORE TOPICS: WELLS FARGO, RETAIL, MANAGEMENT, INVESTMENT

Shareholders signal dissatisfaction with HP's board

By Reuters

Hewlett-Packard Co Chairman Ray Lane and several other directors narrowly kept their seats on the board as shareholders conveyed their displeasure over the botched $11 billion acquisition of British software firm Autonomy Plc. (Mar 21)

MORE TOPICS: MEG WHITMAN, HP, MANAGEMENT, INVESTMENT

HP's Lane, several others narrowly keep board seats

By Reuters

Hewlett-Packard Co's shareholders re-elected the company's board on Wednesday, but Chairman Ray Lane and three others only narrowly kept their seats after criticism about their roles in the botched $11 billion acquisition of Autonomy Plc. (Mar 21)

MORE TOPICS: HP

Wells Fargo CEO's $19.3 million in pay leads peers

By Reuters

Wells Fargo & Co <WFC.N> Chief Executive John Stumpf's pay increased 8 percent in 2012, making him one of the industry's best-paid leaders, according to a filing with the U.S. Securities and Exchange Commission on Thursday. (Mar 15)

MORE TOPICS: CITIGROUP, BANK OF AMERICA, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, WELLS FARGO

Wells Fargo CEO's pay rose 8 percent to $19.3 million - filing

By Reuters

Wells Fargo & Co <WFC.N> Chief Executive John Stumpf's pay increased 8 percent in 2012, making him one of the industry's best-paid leaders, according to a filing with the U.S. Securities and Exchange Commission on Thursday. (Mar 15)

MORE TOPICS: CITIGROUP, BANK OF AMERICA, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, WELLS FARGO

HP director defends chairman Lane

By Reuters

Hewlett-Packard Co's <HPQ.N> lead independent director defended Chairman Ray Lane and two fellow board members on Monday, contesting a recommendation from proxy adviser ISS that shareholders oust them for their role in the mis-managed acquisition of Autonomy Plc in 2011. (Mar 12)

MORE TOPICS: WAL-MART, BANK OF AMERICA, MERRILL LYNCH, WELLS FARGO, MEG WHITMAN, HP

Leading proxy firms seek ouster of HP chairman, directors

By Reuters

Two leading proxy advisers on Tuesday urged Hewlett-Packard Co shareholders to oust several board directors for their role in the ill-fated 2011 acquisition of British software company Autonomy. (Mar 06)

MORE TOPICS: DOW JONES, WELLS FARGO, MARK HURD, MEG WHITMAN, HP, CALIFORNIA

Wells Fargo ramps up private equity despite Volcker Rule

By Reuters

When former Wells Fargo & Co <WFC.N> Chief Executive Dick Kovacevich joined Norwest Bank in 1986, he had reservations about its private equity investments as he did not think it was the kind of business a bank needed to be in. He got over it. (Feb 21)

MORE TOPICS: FEDERAL RESERVE, CITIGROUP, BANK OF AMERICA, GOLDMAN SACHS, JPMORGAN CHASE, WELLS FARGO

Wells Fargo agrees to proposed settlement on shareholder actions

By Reuters

Wells Fargo & Co would pay up to $2.5 million in attorneys' fees and implement certain corporate governance changes under a proposed settlement of lawsuits brought by shareholders on behalf of the company, according to a securities filing by Wells on Friday. (Dec 22)

MORE TOPICS: WELLS FARGO, CALIFORNIA, COURT, MORTGAGE, SETTLEMENT

U.S. agency sues JPMorgan over mortgage securities

By Reuters

The U.S. credit union regulator sued JPMorgan Securities and Bear Stearns & Co on Monday over $3.6 billion in mortgage securities the bank allegedly sold to credit unions that collapsed because of losses from the securities. (Dec 18)

MORE TOPICS: FEDERAL RESERVE, CITIGROUP, BARCLAYS, DEUTSCHE BANK, GOLDMAN SACHS, HSBC