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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 ...
1976 - 2008. G. Kennedy Thompson, also known as Ken Thompson, (born November 25, 1950) is an American banker and businessman who was chairman, president, and CEO of Wachovia Corporation, formerly First Union Corporation, from 2000 through 2008. [1] During his leadership, Wachovia grew to become the nation's fourth largest bank. [2][3]
The government interventions during the subprime mortgage crisis were a response to the 2007–2009 subprime mortgage crisis and resulted in a variety of government bailouts that were implemented to stabilize the financial system during late 2007 and early 2008. Governments intervened in the United States and United Kingdom and several other ...
Acquisitions in 1999–2000. Continuing the Norwest tradition of making numerous smaller acquisitions each year, Wells Fargo acquired 13 companies during 1999 with total assets of $2.4 billion. The largest of these was the February purchase of Brownsville, Texas -based Mercantile Financial Enterprises, Inc., which had $779 million in assets.
Bethabara Moravian Church, built 1788. Wachovia (/ w ɑː ˈ k oʊ v i ə /) was the area settled by Moravians in what is now Forsyth County, North Carolina, United States.Of the six 18th-century Moravian "villages of the Lord" established in Wachovia, today only the town of Bethania and city of Winston-Salem exist within the historic Wachovia Tract.
Charlotte-based company used NC grant for ‘capital needs’ to pay late taxes, travel bills. Dan Kane, David Raynor. August 7, 2024 at 4:59 AM. Three years ago, state House Republicans put $25 ...
Robert King Steel (born August 3, 1951) is an American businessman, financier and government official who has served as Deputy Mayor for Economic Development in the administration of New York City Mayor Michael Bloomberg, Under Secretary for Domestic Finance of the United States Treasury, chief executive officer of Wachovia Corporation and vice chairman of Goldman Sachs.
Elevation, North Carolina, U.S. Died. June 7, 2012. Alma mater. University of North Carolina at Chapel Hill. Occupation. Business executive. John Grimes Medlin Jr. (November 23, 1933 – June 7, 2012) was the chief executive officer of Wachovia from 1977 to 1993. [1] He also served as chairman of the bank from 1988 to 1998. [2][3]