Wachovia Corporation News

The former First Union Corp. rebuilt its image in 2001 after buying Winston-Salem-based Wachovia Corp.

Wachovia Corp. has dropped advertising agency Mullen from the bank's review of its estimated $120 million advertising account.

Wachovia Corp. 's recent hiring of Goldman Sachs & Co., well-known for advising large companies on headline-making mergers and acquisitions, has set off alarm bells for some industry watchers.

Wachovia Corporation appointed Theresa LaPlaca Chief Financial Officer of their Capital Management Group.

Wachovia Global Securities Lending has appointed Kevin O'Connor as chief investment officer, effective immediately.

When Wachovia bought Golden West Financial two years ago, executives at the Charlotte-based bank gushed about how they could take the "Pick-A-Pay" mortgage that was Golden West's signature product and expand it ...

Advertising agency Mullen has been dropped from the review of Wachovia Corp. 's estimated $120 million advertising account, according to a report on Adweek.com. Wenham, Mass.-based Mullen was the incumbent on ...

The infamous Pick-a-Pay is coming home to roost at Wachovia Corp. , with Fitch Ratings warning on Friday of a likely downgrade to the Charlotte, North Carolina-based bank over concern about the company's ...

It is the question no one wants to answer, but everyone is asking. What happens to Charlotte if Wachovia Corp.

Wachovia Corp. is making changes to its controversial "pick-a-payment" mortgage loans and eliminating loans that can lead to higher loan balances over time for borrowers.

The second quarter was a house of horrors for investors in bank and financial stocks that have been hit hard by bad loans and vanishing profits in a weak economy.

Local Wachovia watchers are hopeful that if a merger is in the cards, it involves a foreign buyer.

Posted Jul 1st 2008 5:08PM by Zac Bissonnette Filed under: Wachovia Corp , Housing In a rare indication that there may be some reasonably intelligent executives running things at America's top banks, Wachovia ...

The second quarter was a tumultuous one forLehman Brothers and Wachovia Corp., two of the country's leading financial institutions.

Federal prosecutors are pursuing criminal charges against operators of a defunct Bucks County company that helped fraudulent telemarketers steal millions from mostly elderly victims.

Wachovia Corp., the fourth-largest U.S. bank, dropped to the lowest since it was formed in the $14.9 billion buyout by First Union Corp.

Deerfield Capital Management LLC and Declaration Management & Research LLC pushed the amount of collateralized debt obligations in default to $220 billion, according to Wachovia Corp.

Wachovia Corp.'s treasurer is leaving the Charlotte-based bank for a job at private equity firm The Carlyle Group.

Wachovia Corp., the bank that ousted its chief executive officer after greater-than-expected mortgage losses, is studying operating expenses throughout the company, a spokeswoman said.

The class action lawsuit was filed in the United States District Court for the District of Massachusetts.