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The acquisition of Wachovia by Wells Fargo was completed on December 31, 2008, after a government-forced sale to avoid Wachovias failure. The Wachovia brand was absorbed into the Wells Fargo brand in a process that lasted three years. On October 15, 2011, the final Wachovia branches were converted to Wells Fargo.
What is the ticker symbol for Wachovia Bank?
WACHOVIA Stock (WB) - Quote Nyse- MarketScreener.
What is Wachovia Bank called now?
Wachovia Bank is now Wells Fargo Bank following a merger in March 2010.
What is the new name for Wachovia Bank?
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.
Was Wachovia a Bank?
By 2006, after a merger with Southtrust Corporation, Wachovia was the fourth-largest bank holding company in the nation, with $542 billion in assets, 3,200 financial centers, and 97,000 employees. Wachovia is now Wells Fargo, as of 2012.
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by B Tayan 2019 Cited by 115 The company used its financial strength to purchase Wachovia during the height of the financial crisisforming what is now the third-largest
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