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Refer to a friend 2009-11-02 22:27:02 - totaling approximately $70.3 billion. WFC had previously acquired Wachovia Corporation effective Dec. 31, 2008. The rating action was determined in accordance with Fitch's criteria 'Rating U.S. Full Article at PR-Inside.com
Although BNY is not a retail bank (any more), Kelly has experience managing a massive commercial bank thanks to his days in Charlotte, N.C. , at BofA's old cross-town rival Wachovia, where he was the chief financial officer for five years. Full Article at DealScape
By Dan Fitzpatrick and Robin Sidel Bank of New York Mellon Corp. Chief Executive Robert Kelly recently was approached about becoming the next CEO of Bank of America Corp. , said people familiar with the situation. Full Article at Wall Street Journal
"All of these guys are pretty busy now -- Wells integrating Wachovia, J.P. Morgan integrating WaMu and Bank of America integrating Merrill and Countrywide," says a financial institutions group banker. Full Article at The Deal: Blogs
The Flyers have a special $25 ticket offer for Phillies fans that bring their ticket stub to the Wachovia Center Box Office. Full Article at N.J. Courier-Post Online
HOUSTON -- A man robbed a bank and used a stolen pickup truck to get away, investigators told KPRC Local 2 Wednesday. Full Article at Click2Houston.com
COUNTY JAIL DOCKET (The following people were booked into the Volusia County Branch Jail on felony charges yet to be proven in court.): Jania Shantrell Myers, 26, Daytona Beach, aggravated battery; Meredith Lynne Dumas, 25, DeLand, violation of drug... Full Article at Daytona Beach News-Journal
Meining arraignment delayed for fourth time A former Battle Ground resident pleaded guilty to mail fraud, bank fraud and money laundering Friday in U.S. District Court in Tacoma. Full Article at The Columbian
Wells Fargo & Co. , the fourth-largest bank in the U.S. and No. 1 in the Philadelphia area since it bought Wachovia Bank last year, reported "record" profits Wednesday. The stock fell 5%, and isn't back yet. Full Article at Philly.com
Wells Fargo & Co. , which became Philadelphia's largest bank when it bought Wachovia Corp. last year, reported higher-than-expected profit yesterday. So why did the stock fall 5 percent? Full Article at Philly.com
Wells Fargo & Co. posted a record third-quarter profit by limiting loan defaults and wringing costs from Wachovia Corp. The quarter included gains from hedging, leading analysts to question whether the profit would continue, and the stock dropped 5.1%. Full Article at Los Angeles Times
Wells Fargo & Co. , which became Philadelphia's largest bank when it bought Wachovia Corp. last year, reported higher-than-expected profit yesterday. So why did the stock fall 5 percent? Full Article at Philadelphia Inquirer
- The Bank of New Canaan has appointed Ernest Verrico of Stamford as executive vice president in finance at the bank. He also was appointed senior vice president, chief financial officer and chief administrative officer of BNC Financial Group Inc. Full Article at The Connecticut Post
SAN FRANCISCO (CBS) ― Wells Fargo & Co. on Wednesday reported a $2.6 billion third-quarter profit as the company's retail banking operations, including the businesses it acquired with the purchase of Wachovia Corp. , offset rising loan losses. Full Article at WCCO
The San Francisco-based bank, parent of Charlotte-based Wachovia Bank, says its third-quarter net income rose to $2.6 billion, or 56 cents per diluted share, up from $1.6 billion, or 49 cents per diluted share, in the third quarter of last... Full Article at Business Journal of Jacksonville
of $3.24 billion, or 56 cents a share, blew out of the water analysts expectations of $1.6 billion, or 35 to 36 cents per share. The bank raked in $22.5 billion, compared with the $21.63 billion expected by analysts. Full Article at DealScape
Banks like Goldman Sachs and JP Morgan Chase hit the cover off the ball when they reported their earnings. Full Article at FOX Business
Oct. 21 -- Wells Fargo & Co. , the nation's largest home lender, posted a record third-quarter profit by limiting loan defaults and wringing savings out of Wachovia Corp. Full Article at AZ Central.com
Wells Fargo & Co. , parent of Wachovia Bank, today said its third-quarter profit nearly doubled from a year ago although it joins other big U.S. banks in reporting higher loan losses. Full Article at Philadelphia Inquirer
W ells Fargo & Co. BWF-N on Wednesday reported a $2.6-billion third-quarter profit as the company's retail banking operations, including the loan business it acquired with the purchase of Wachovia Corp. , offset its rising loan losses. Full Article at Globe and Mail
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this undated photo released by Wachovia Securities shows Benjamin F. Edwards III. Benjamin Edwards III, who presided over A.G. Edwards as it grew from a St. Louis regional brokerage firm into one of the largest in the nation, died Monday April 20, 2009 of prostate cancer. He was 77.
View Photo »Wachovia Corp. CEO Bob Steel, right, smiles as he watches the Charlotte Bobcats and the Minnesota Timberwolves in an NBA basketball game in Charlotte, N.C. , Monday, Dec. 1, 2008.
View Photo »The corporate headquarters of Wachovia is shown in Charlotte, N.C. , Thursday, Jan. 29, 2009. For almost two years, Bank of America Corp. and Wachovia Corp. _ while not immune to the crisis that has plagued rivals _ have helped keep Charlotte's economy afloat.
View Photo »OAKLAND, CA - JANUARY 28: A sign is displayed on the exterior of a Wells Fargo bank branchJanuary 28, 2009 in Oakland, California.
View Photo »OAKLAND, CA - JANUARY 28: A pedestrian walks by a sign outside of a Wells Fargo bank branchJanuary 28, 2009 in Oakland, California.
View Photo »OAKLAND, CA - JANUARY 28: A pedestrian walks by a sign outside of a Wells Fargo bank branch January 28, 2009 in Oakland, California.
View Photo »OAKLAND, CA - JANUARY 28: A pedestrian walks by a sign outside of a Wells Fargo bank branchJanuary 28, 2009 in Oakland, California.
View Photo »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.
View Photo »Wachovia Corp. CEO Bob Steel, right, smiles as he watches the Charlotte Bobcats and the Minnesota Timberwolves in an NBA basketball game in Charlotte, N.C. , Monday, Dec. 1, 2008.
View Photo »John has been an outstanding leader of our company ... helping engineer Wells Fargo’s merger with Wachovia Corporation last year, and this year keeping the merger integration smoothly on schedule and leading our talented team with customer-focus and integrity to two consecutive quarters of record earnin...
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