NEW YORK (MarketWatch) -- Wachovia Corp., making its first foray into the California market, agreed Monday to acquire Westcorp for $3.42 billion in stock in a bid to give its auto-financing operations a national presence. Charlotte, N.C. …
NEW YORK -- In an abrupt change of course, Wachovia said today it agreed to be acquired by San Francisco-based Wells Fargo & Co. in a $15.1 billion all-stock deal, trumping rival suitor Citigroup's plan to acquire Wachovia's …
Sullivan of the United States District Court for the Southern District of New York threw out numerous claims by stock and bond holders against Wachovia, in addition to several of its officers, directors, and auditors, which alleged that the …
Both newspapers cited people familiar with the discussions. By the end of the day's trading, Wachovia stock had skyrocketed 59%. Morgan Stanley finished up about four percent. CNBC reported that Morgan Stanley was having deal …
Brokerage giant Wachovia Securities said Tuesday that it was investigating stock trading, including the possible use of fictitious accounts to reap short-term gains, at one of its Westlake Village offices. The NASD, the brokerage industry's …
Wells Fargo & Co., San Francisco, outbids Citigroup to buy all of Wachovia Corp.-- the bank and its A.G. Edwards, Prudential and Evergreen investment units -- for $15 billion in Wells stock, worth about $7/share. Wachovia said its …
NEW YORK (CNNMoney.com) -- Citigroup will acquire the banking operations of Wachovia for $2.2 billion in an all-stock deal announced Monday, following much speculation over the weekend about the fate of the nation's fourth-largest …
His time at Wachovia is likely to cost Bob Steel, who sank $16 million of his personal fortune into the bank's stock, which has since shed about 78 percent of its value. But a trio of top executives could see fat checks if they leave following the ...
Cameron and Dee Dee Harris’ fight with Wachovia Bank isn’t over yet. The couple, members of one of Charlotte’s wealthiest families, won a battle with the bank this week. An arbitrator ruled Wachovia mishandled the stock account …
Question: I had high hopes for my shares of Wachovia Corp. and have been disappointed. What does the future hold? F.C., via the Internet Answer: You can't underestimate the power and potential of Wachovia, which is the nation's …