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Topic: Wachovia


  
  Wachovia - Wikipedia, the free encyclopedia
Wachovia Corporation NYSE: WB, based in Charlotte, North Carolina is one of the largest banking chains in the United States.
Wachovia Bank and Trust was formed in 1911 by the merger of Wachovia National Bank (founded 1879) and Wachovia Loan and Trust (founded 1893), and was located in Winston-Salem, North Carolina.
Wachovia is currently ranked number 23 on the Forbes 500 list for 2003, and is the fourth largest bank holding company in the US.
en.wikipedia.org /wiki/Wachovia   (1752 words)

  
 Wachovia Firing on All Cylinders
Wachovia (WB:NYSE - news - research), the nation's fourth largest bank, reported a 24% increase in first-quarter profits on the strength of continued vigor in consumer lending and a drop in bad commercial loans.
Wachovia, with $410 billion in assets, posted strong results in all four of its major businesses: general banking, asset management, private banking and investment banking.
But a good deal of Wachovia's success in the first quarter stemmed from the continuing improvement in the level of bad commercial loans in its portfolio.
www.thestreet.com /stocks/banking/10154718.html   (352 words)

  
 Content Technology Works | Case Study | Wachovia
Wachovia faced a number of obstacles that had to be overcome if it was to successfully merge both the content and its loan-servicing staff.
Wachovia has witnessed significant business gains by integrating its distributed content assets across the enterprise, including a significant return on investment and impressive gains associated with process improvement, time to market and the overall flexibility and nimbleness of its content infrastructure.
Wachovia’s step-by-step approach to implementing ECI was motivated at first by a merger, but its champion, the WIT group, now sees the potential for even greater benefit to the corporation from utilizing the strategy and technology infrastructure on an on-going basis.
www.gilbane.com /case_studies/wachovia_case_study.html   (8288 words)

  
 Press Release: SEC Settles Action Charging Wachovia Corporation with Proxy Disclosure and Other Reporting Violations ...
As a result, Old Wachovia’s shareholders were unable to evaluate the effect of Old Wachovia’s purchases of FTU shares before voting on the competing bids.
Almost all of Old Wachovia’s purchases were made pursuant to a May 2, 2001 Old Wachovia authorization signed by its Investment Management Committee, which authorized the purchase of up to $500 million worth of FTU stock during the period when Old Wachovia was repurchasing its own stock.
Old Wachovia should have publicly disclosed more detailed information about its purchases of FTU stock so that the market would be able to evaluate the effect of those purchases on FTU’s stock price during that period.
www.sec.gov /news/press/2004-152.htm   (1060 words)

  
 Wachovia Jobs - Employment Opportunities at Monster.com
Wachovia Corporation is the largest financial holding company in its Southeast/East Coast region and the fourth largest nationwide.
Wachovia (pronounced wa-KO-vee-yah) is the Latin form of the name Wachau, which was given to the tract of land in the Piedmont region of North Carolina settled by Moravians in 1753.
One of the benefits of working at Wachovia is our dedication to the ongoing personal and leadership development of our employees.
company.monster.com /wachovia   (483 words)

  
 Wachovia Center
Wachovia acquired naming rights from the sale of First Union to Wachovia whom acquired naming rights through a merger with CoreStates in November 1997.
The Wachovia Center has concession stands located on both the Main Concourse and Mezzanine levels and features a wide variety of food, refreshments, souvenirs and novelty items.
Wachovia Center Showcase - A 16-monitor video wall combines with two, interactive kiosks and uses full-motion video and laser disk technology to inform and educate event-goers about upcoming events, Wachovia Center products and the bank's community-sponsored events.
www.sfo.com /~csuppes/NBA/Philadelphia76ers/index.htm   (1323 words)

  
 Bank   (Site not responding. Last check: 2007-10-20)
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bank.x-cart.org   (1258 words)

  
 The Wachovia Watch, from Inner City Press / Fair Finance Watch
Wachovia’s Response cites to its and its predecessors’ records of branch closing, claiming that "[w]e remain committed to our customers and have a proven track record of maintaining the highest level of customer service through our retail branch system." This is highly debatable, for example in the Philadelphia market.
Wachovia's past use of tax shelters involving leasing deals from 1993 through 1996 was challenged by the Internal Revenue Source in November 2001, according to filings by the company, which is defending the tax deductions.
Wachovia's withholding of even the names of the pawnshops, payday lenders, and other fringe financiers to which it lends is untenable; the information must be released and the comment period extended.
www.innercitypress.org /wachovia.html   (16547 words)

  
 Wachovia Championship
The 2005 Wachovia Championship recently announced a $1 million donation to its primary charitable beneficiary, Teach For America.
Wachovia Championship neither endorses nor guarantees any of the products and services offered for sale through third-party sites.
Wachovia Corporation is the sponsor for this event and does not endorse the products or services mentioned within this event or on this site.
www.wachoviachampionship.com   (222 words)

  
 Wachovia Investor Relations
Wachovia Corporation (NYSE: WB) is the nation's fourth largest bank holding company and third largest full-service retail brokerage firm.
Wachovia common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol WB.
Wachovia does not undertake any obligation to update the information as a result of new information or subsequent developments.
www.ftuinvestor.com   (307 words)

  
 Report: Wachovia, others exploring WFS purchase - Aug. 23, 2005
Wachovia (up $0.14 to $51.04, Research), the fifth-largest U.S. bank by market value, is among those exploring a deal, the Journal said.
Neither Wachovia nor WFS was immediately available for comment.
The report said Wachovia Chairman and Chief Executive Officer Kennedy Thompson had raised the possibility of further purchases since last year's $13.7 billion acquisition of Alabama-based SouthTrust Corp.
money.cnn.com /2005/08/23/news/fortune500/wachovia_wfs/index.htm   (288 words)

  
 First Union National Bank   (Site not responding. Last check: 2007-10-20)
Wachovia.com is now the primary Internet home page for all Wachovia and former First Union customers, as well as the many heritage organizations that make up the fabric of Wachovia.
Wachovia established one of the first management training programs emphasizing customer service, set up the country's first time payment department to provide consumer loans, and became the first in the Southeast to computerize its operations.
Wachovia Corporation is the fifth largest bank holding company in the United States based on assets and the third largest U.S. full-service brokerage firm based on client assets.
www.firstunion.com   (442 words)

  
 Wachovia Services Contract Summary   (Site not responding. Last check: 2007-10-20)
First Union (founded in 1908 in Charlotte, NC) merged with Wachovia (founded in 1879 in Winston, NC) on September 1, 2001 to create Wachovia Corporation, the fourth largest bank holding company in the US based on assets and the second largest nationally, based on deposit share.
The Wachovia fees specified under this section are fixed for the contract duration.
The statewide MSA with Wachovia Bank is effective for 1 year from March 18, 2002 with two 1-year renewal options.
www.ncosc.net /EPP/FUNB.html   (739 words)

  
 Wachovia Center Center
The Wachovia Center features five levels of seating, more than 100 luxury boxes, club box seating and a fine dining club.
Again, on behalf of everyone at the Wachovia Complex, we look forward to providing the Delaware Valley with the finest in sports and entertainment in the most comfortable environment possible.
Comcast-Spectacor, owner and operator of the Wachovia Center, recently added a 2,800 square-foot, members-only cigar bar to the club level of the new arena.
www.sfo.com /~csuppes/NHL/PhiladelphiaFlyers/index.htm   (1050 words)

  
 #575: 08-25-04 JUSTICE DEPARTMENT REACHES AGREEMENT WITH WACHOVIA REQUIRING DIVESTITURES IN WACHOVIA/SOUTHTRUST MERGER
Under the agreement, Wachovia will divest 18 SouthTrust branches with about $592 million in total deposits in four banking markets located in Florida and Georgia.
Wachovia Corporation, headquartered in Charlotte, North Carolina, is the fourth largest bank holding company in the United States.
Wachovia operates 2,617 branches and 4,400 ATMs in 11 states from New York to Florida.
www.usdoj.gov /opa/pr/2004/August/04_at_575.htm   (527 words)

  
 Wachovia "strong buy" | newratings.com   (Site not responding. Last check: 2007-10-20)
Shares of Wachovia Corporation, a leading US-based financial and banking services company, are currently trading at $44.50.
According to Hoefer & Arnett’s research note published this afternoon, Wachovia has experienced a robust upturn in its retail banking operating profits in the recent past.
The analyst believes that the underlying sales weakness in Wachovia’s home equities and mortgage market segments are likely to considerably impact its retail banking division's profit gains in the near term.
www.newratings.com /new2/beta/article_355238.html   (364 words)

  
 Hays Leaves Merrill To Lead Wachovia Division - Forbes.com   (Site not responding. Last check: 2007-10-20)
He announced late Thursday that he would join Wachovia Securities (nyse: WB - news - people) as head of private clients.
Hays was a managing director and head of the high-net-worth client segment within Merrill's brokerage group, which has 14,000 advisors scattered in 600 offices.
Wachovia has just over 6,000 brokers, but Chief Executive G.
www.forbes.com /2005/12/16/hays-merrill-wachovia-cx_lm_1216autofacescan13.html?partner=moreover   (419 words)

  
 ABC News: Wachovia Q2 Profit Climbs on Acquisition   (Site not responding. Last check: 2007-10-20)
Wachovia Second-Quarter Profit Up 32 Percent, on SouthTrust Acquisition, Expense Cuts
CHARLOTTE, N.C. Jul 19, 2005 — Wachovia Corp., the fourth-largest bank in the country, said Tuesday second-quarter earnings rose 32 percent from last year, helped by its acquisition of SouthTrust Corp. and expense reductions.
The company, which became one of the South's biggest banks after the SouthTrust acquisition last year, said net income grew to $1.65 billion, or $1.04 per share, from $1.25 billion, or 95 cents per share, a year ago.
abcnews.go.com /Business/wireStory?id=951957   (219 words)

  
 WRAL.com - News - Wachovia Deal Means Ads Inside UNC's Smith Center   (Site not responding. Last check: 2007-10-20)
Wachovia Corporation and UNC today announced an eight-year partnership that will allow for on-site sponsorship in several UNC athletic facilities.
On-site Wachovia presence at the Dean E. Smith Center (men's basketball) includes a 6-foot by 8-foot permanent display on two video boards located above upper-level seating and a display on the courtside LED board.
Other on-site Wachovia signage at Boshamer Stadium (baseball), Carmichael Auditorium (women's basketball) and Fetzer Field (men's and women's lacrosse and soccer), and continued electronic messaging at Kenan Stadium (football).
www.wral.com /news/5383767/detail.html   (527 words)

  
 Wachovia Tanager Financial Services
Tanager’s Family Office Group is now part of Wachovia’s Calibre family office practice, creating Calibre’s third location in addition to offices in Philadelphia, PA and Winston-Salem, NC.
The Wealth Advisory Group of Tanager is the newest office of Wachovia Wealth Management, with 55 teams providing fully integrated wealth management services from New England to Florida to Texas.
By joining with Wachovia, Tanager will provide clients with enhanced service offerings and information reporting systems, while remaining true to its tradition of objectivity and personal service.
www.tanagerfinancial.com   (373 words)

  
 frontline: tax me if you can: introduction | PBS
It was a deal that Bochum city officials couldn't refuse: Through a complex, long-term lease-and-service transaction, the city would lease out its underground sewer pipes to Wachovia for $500 million.
Wachovia would eventually get its money back -- plus a fast, multi-million-dollar tax write-off.
But working with Wachovia's annual reports, Robert McIntyre, director of the Institute for Taxation and Finance, details the payoff to Wachovia's bottom line from many leasing deals similar to the Bochum transaction.
www.pbs.org /wgbh/pages/frontline/shows/tax/etc/synopsis.html   (946 words)

  
 wachovia online bank services
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www.bankonlinehere.com /wachovia-online-bank-services/index.html   (114 words)

  
 Wachovia "neutral weight" | newratings.com   (Site not responding. Last check: 2007-10-20)
NEW YORK, November 17 (newratings.com) — Analyst Michael L Mayo of Prudential Financial maintains its “neutral weight” rating on Wachovia Corporation (WB.NYS).
In a research note published this morning, the analyst mentions that Wachovia Corporation publsihed its 10-Q report for 3Q03 in-line with expectations.
Prudential Financial expects a potential increase in the interest rates to adversely impact its earnings growth in the near term.
www.newratings.com /analyst_news/article_354699.html   (204 words)

  
 Wachovia week: Van Heeswijk breaks off Lancaster win
The opening stop of the Wachovia Cycling Series has always been known as a strongman's race.
But the bad weather didn't last and when the gun finally sounded to kick off this year's Wachovia week, the sun was poking out and things were drying up.
With Julich taken care of, Van Heeswijk countered one of a handful of last-lap moves, barreling out of the park and across the Conestoga River bridge, before launching alone to the top of Chesapeake Street.
www.velonews.com /race/dom/articles/6200.0.html   (816 words)

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