WebOct 3, 2008 · Wells Fargo said early Friday that it would merge with Wachovia — including the troubled Charlotte bank’s banking operations — in a $15.1 billion all-stock merger.. The announcement comes only four days after Citigroup reached an agreement in principle to buy Wachovia’s banking operations for about $1 a share, at the government’s behest … WebWhy did Wells Fargo buy Wachovia? Wells Fargo announced it had agreed to acquire all of Wachovia for $15.1 billion in stock. Wachovia preferred the Wells Fargo deal because it would be worth more than the Citigroup deal and keep all of its businesses intact.
The Collapse of Wachovia - How a Bank with $38 in Book Value …
WebApr 2, 2011 · Wachovia was acquired by Wells Fargo during the 2008 crash, just as Wells Fargo became a beneficiary of $25bn in taxpayers' money. Wachovia's prosecutors … provo county clerk
Investor Relations Frequently Asked Questions - Wells Fargo
WebFeb 9, 2009 · But there's one big change at Wells Fargo that's hard not to notice. Troubled Wachovia has been bought out by Wells Fargo for $12.7 billion, creating the nation's second-largest bank in terms of ... WebOn September 1, 2001, First Union and Wachovia merged to form Wachovia Corporation. In 2008, Wells Fargo & Company acquired Wachovia Corporation, including First Union. Need help? If you are a customer and want to access your accounts online, please go to wellsfargo.com. If you have questions, please call us at 1-800-TO-WELLS (1-800-869 … WebOct 22, 2008 · Wells Fargo execs, including CEO John Stumpf, said Wachovia's results were about as dreary as they expected after poring over the company's books and agreeing to buy the bank earlier this month ... provo county jail inmate search