John Medlin Jr., one of Wachovia Corp.'s most ... a prominent law firm that helped handle the Wachovia-First Union and Wachovia-SouthTrust deals. The amount of Wachovia stock held in the local community for decades was a …
failing to prudently and loyally manage the Plan's investment in Wachovia stock; (2) failing to properly monitor the …
CHARLOTTE, N.C. — Wachovia Corp. is buying competitor SouthTrust Corp. in a stock deal valued at $14.3 billion, the companies said Monday. The combination will create the largest bank in the Southeast and give Wachovia new …
The Wells Fargo deal was greeted with joy by Wachovia shareholders, many of whom thought Citigroup had taken advantage of Wachovia's short-term financial problems to all but steal the company. Wachovia's stock rose 57 …
Wachovia Corp. (NYSE: WB) shares were halted for "NEWS PENDING" because of an announcement coming out of Citigroup (NYSE: C). The Citi and Wells Fargo (NYSE: WFC) war may be heating up above and beyond a normal fight. …
Wachovia stock is under extreme pressure at the moment due the bank’s recent missteps, the poorly thought out management change, and the lack of clarity concerning its portfolios, the analyst said. Wachovia has recently raised …
Citigroup also will grant the FDIC $12 billion in preferred stock and warrants. Wachovia is a central part of Birmingham's business community, employing about 1,600 people. It bought Birmingham's SouthTrust, whose roots go back to 1887, …
UPDATE: Wachovia Corp. stock has been selling at around $24 a share, same as in the mid-1990s. It could be worth $40+, writes Deutche Bank analyst Michael Mayo, if CEO Kennedy Thompson's firing last weekend results in a big …
Charlotte Business Journal: Steele bought 1 million shares of Wachovia’s stock at prices ranging from $15.32 to $17.02. The bank’s stock, which has traded between $7.80 and $53.10 over the last year, was trading at $17.61 Thursday …