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Wachovia Is Now Wells Fargo. Founded in Winston-Salem, N.C. as Wachovia National Bank on June 16, 1879, Wachovia grew to be one of the largest diversified financial services companies in the United States. It traded on the New York Stock Exchange under the symbol WB.
Wachovia Securities was the trade name of Wachovia's retail brokerage and institutional capital markets and investment banking subsidiaries. Following Wachovia's merger with Wells Fargo and Company on December 31, 2008, the retail brokerage became Wells Fargo Advisors on May 1, 2009 and the institutional capital markets and investment banking ...
Wells Fargo Advisors provides a full range of financial advisory services, investments, brokerage services and online trading for your retirement goals.
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] Wachovia provided a broad range of banking, asset management, wealth management, and corporate ...
Wells Fargo Advisors traces its history to 1879, where it grew through mergers with many of the industry's regional and national firms. These include Wachovia Securities, A. G. Edwards, and Bache & Co. [3] The current President is Sol Gindi.
First Union Corp. will become Wachovia Corp., and First Union Securities will be renamed Wachovia Securities, officials said during a conference call this morning.
St. Louis will officially be home to the new Wachovia Securities, after Federal Antitrust regulators approved Wachovia Corp.’s acquisition of A.G. Edwards on Monday.
As Wells Fargo begins its summer-long re-branding of Wachovia and A.G. Edwards, some financial advisors at what is now the largest retail brokerage firm in the U.S.—16,000 FAs—say the ...
Wachovia was acquired in a stock-for-stock deal — no cash. Each share of Wachovia turned into 0.1991 shares of Wells Fargo. At the end of the third quarter of 2008 (Q4 reports haven't been...
On October 2, during the period Citigroup and Wachovia were negotiating a final merger agreement, the board of directors of Wachovia received a communication from Wells Fargo that included an offer from Wells Fargo to acquire all of Wachovia's stock by merger.