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In October 2018 the building was renamed to Regions 615. Part of Regions originally leasing negotiations in 2016 included naming rights to the building in August 2018 the bank exercised those rights. [15] In June 2019 MUFG Union Bank announced their intent to open a Charlotte office in the building renting WeWork to serve as an U.S. hub. The ...
Uptown has also become a hub of large bank employment bases. Wells Fargo, whose Charlotte presence was Wachovia prior to being acquired by Wells Fargo, occupies numerous buildings in Uptown including 550 South Tryon, [57] One Wells Fargo Center, [3] Two Wells Fargo Center, Three Wells Fargo Center, [3] and 300 South Brevard. [58]
The new space could hold 1,500 employees spread across two trading floors. It became the bank's largest hub for the bank's investment banking and capital markets division. [18] Wells Fargo has announced it would exit its lease at One Wells Fargo Center at the end of 2021. Currently it is the largest tenant with 500,000 square feet (46,000 m 2).
The Charlotte metro area is a major financial center, transportation hub, and entertainment destination. Charlotte is the second largest financial hub in the United States behind New York City, being the headquarters for Bank of America and Truist Financial as well as housing the East Coast headquarters and largest employment hub of Wells Fargo.
Ohio-based Huntington National Bank is expanding into the Carolinas with dozens of retail branches and about 350 jobs, including Charlotte, where three major banks dominate.
In March 2022, the bank closed five Charlotte-area branches because of overlap following the BB&T and SunTrust merger that formed Truist in 2019. In total, Truist planned to close 800 branches .
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In July 1985, Trammell Crow Co. and Norfolk Southern Corp. announced plans for the block between College and Brevard Streets and between 2nd and 3rd Streets. First Union Center, named for its main occupant, would include an 850,000 square feet (79,000 m 2) 34-story granite and glass skyscraper [8] called Two First Union Center, which was to be Art Deco and the city's first postmodernist office ...