Search results
Results from the WOW.Com Content Network
SouthTrust Corporation was a banking company headquartered in Birmingham, Alabama.In 2004, SouthTrust reached an agreement to merge with Wachovia in a stock-for-stock deal. At the time of the merger with Wachovia was completed, SouthTrust had $53 Billion in assets.
The bank was renamed in the mid-1980s after a series of mergers. After being acquired by First Union Corporation, which later also acquired Wachovia National Bank to become Wachovia Corporation, CoreStates Financial Corporation became a part of Wells Fargo in 2008 when Wachovia (formerly known as First Union) was acquired by that company.
Wachovia Corporation began on June 16, 1879, in Winston-Salem, North Carolina, as the Wachovia National Bank. The bank was co-founded by James Alexander Gray and William Lemly. [10] In 1911, the bank merged with Wachovia Loan and Trust Company, "the largest trust company between Baltimore and New Orleans", [11] which had been founded on June 15 ...
First Union later merged with Winston-Salem’s Wachovia and was bought by Wells Fargo after the bank nearly collapsed in the 2008 financial crisis. ... First Union bought the Newark, N.J., bank ...
Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp) Wells Fargo: 1941 Berks County Trust Company: Union National Bank (Pennsylvania) Berks County Trust Company (1964 as American Bank and Trust Co or American Bankcorp) Wells Fargo: 1943 Wilmington Trust: Union National Bank: Wilmington Trust [15] M&T Bank: 1948 ...
Five months ago, Warren Buffett's Berkshire Hathaway (NYS: BRK.B) injected $5 billion of capital into the ailing Bank of America (NYS: BAC) . While the terms of the deal were plum -- Berkshire ...
In a Wells Fargo-Wachovia blog post, company social media program manager Doug. Wells Fargo has announced which Wachovia bank branches will be changed over to its own name this year as it ...
On May 31, 2007, the company announced that it would be acquired by Wachovia Corporation in a $6.8 billion deal. [6] On September 28, 2007, the company's shareholders voted in favor of the merger with Wachovia. The acquisition closed on October 1, 2007, and A.G. Edwards became a wholly owned subsidiary of Wachovia Corporation. [7]