Search for: "WACHOVIA BANK/WELLS FARGO"
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24 Mar 2009, 1:02 am
Wells Fargo agreed to purchase Wachovia for approximately $15 billion the following month. [read post]
17 Mar 2009, 7:40 am
Wachovia Corp. was acquired by Wells Fargo late last year. [read post]
6 Mar 2009, 7:00 am
Friday brought news that Wells Fargo, the San Francisco-based lender that just bought Wachovia, would slash its quarterly payout to 5 cents for each share of common stock, from 34 cents a share. [read post]
20 Feb 2009, 9:18 am
By agreeing to settle, Wachovia, which is now owned by Wells Fargo Bank, is not admitting to or denying wrongdoing. [read post]
12 Feb 2009, 7:56 am
But John Stumpf, the CEO of Wells Fargo (WFC), which wound up with Wachovia was there and I’m pretty sure he would have gotten a kick out of this snippet of transcript which took place about a week after the Golden West deal was announced: Matt O'Connor â€â [read post]
9 Feb 2009, 3:09 pm
., Wells Fargo Securities, LLC, Bank of America Securities LLC, Merrill Lynch & Co. [read post]
8 Feb 2009, 5:28 am
The banks call this a "courtesy overdraft," even though no-one in their right mind would pay their bank $35 for the "courtesy" of lending them $4 for a cup of coffee.The list of banks includes, I believe, Citigroup, Chase, Wachovia, Wells Fargo, HSBC, U.S. [read post]
3 Feb 2009, 7:43 am
Wells Fargo, which ultimately made a successful bid for Wachovia, reaped $25 billion as a result of the new tax guidance. [read post]
3 Feb 2009, 4:30 am
Wells Fargo Bank, N.A., 437 F. [read post]
27 Jan 2009, 5:22 am
One of the country's largest law firms at one point estimated that this IRS waiver could cost the US Treasury $140 billion dollars in taxes that would have otherwise been paid.Further, the senator was troubled that this Notice was issued on September 30, 2008, meaning that Treasury virtually waived section 382 the day after the House said no to the first bail-out bill and two days before Wells Fargo acquired Wachovia on October 2, 2008.Noting the high level of… [read post]
26 Jan 2009, 1:54 am
My concerns relating to these banks have to do with the facts and circumstances surrounding their closures, as well what the closures may portend. [read post]
14 Jan 2009, 9:47 pm
First, I posted about Bank of America and last month it was Wells Fargo and now its Wachovia. [read post]
6 Jan 2009, 1:08 am
Within the space of just a few short weeks, the government took control of Fannie Mae and Freddie Mac; the FDIC took over Washington Mutual, in the largest U.S. bank failure ever; Lehman Brothers collapsed, in the largest U.S. bankruptcy ever; Bank of America agreed to acquire Merrill Lynch in a government brokered deal; the government undertook a massive bailout of AIG; Congress enacted a colossal $700 billion bailout package; and Wells Fargo agreed to… [read post]
3 Jan 2009, 7:34 am
• Wells Fargo announced that it completed its purchase of Wachovia. [read post]
2 Jan 2009, 5:52 am
Bank of America closed its acquisition of Merrill Lynch on Thursday, one day after Wells Fargo finished buying Wachovia. [read post]
24 Dec 2008, 4:09 pm
Just in time for Christmas, shareholders approved two of the biggest bank takeovers to emerge from the recent economic panic: Wells Fargo's takeover of Wachovia and PNC Financial Services Group's acquisition of National City Corp. [read post]
18 Dec 2008, 6:15 pm
Wachovia and Wells Fargo have probably reached a settlement with the Plaintiff in the class action lawsuit over the merger between the two banks. [read post]
16 Dec 2008, 2:35 pm
The event features a faculty of leading outside litigators, renowned jurists, and senior in-house counsel from these companies (assuming that they have not reorganized between now and then): American Express • American General Finance • Bank of America • Capital One • Citi • Countrywide • Discover • GMAC • Greenpoint • First Data • Freddie Mac • Hyundai • iQor… [read post]
16 Dec 2008, 2:00 pm
As the Deal pointed out, Wachtell may have conflicted itself out when it represented Wells Fargo in its deal for Wachovia. [read post]
14 Dec 2008, 2:55 pm
• Wells Fargo is expected to take a $40 billion charge as a result of its acquisition of Wachovia. [read post]
