An office of Wachovia Bank is shown Sunday, Jan. 25, 2009 in New York. San Francisco-based Wells Fargo completed its purchase of Charlotte's Wachovia in December, 2008. Wells Fargo & Co. said Wednesday, Jan. 28, 2009, that it swung to a $2.83 billion loss in the fourth quarter as it took significant charges to reduce its exposure to the risky assets of Wachovia Corp. and built up its reserves to cover future losses. AP Photo logo AP Photo 10 months ago

An office of Wachovia Bank is shown Sunday, Jan. 25, 2009 in New York. San Francisco-based Wells Fargo completed its purchase of Charlotte's Wachovia in December, 2008. Wells Fargo & Co. said Wednesday, Jan. 28, 2009, that it swung to a $2.83 billion loss in the fourth quarter as it took significant charges to reduce its exposure to the risky assets of Wachovia Corp. and built up its reserves to cover future losses.