Search for: "WACHOVIA BANK "
Results 501 - 520
of 850
Sort by Relevance
|
Sort by Date
23 Oct 2008, 3:19 am
On the other hand, it may also be argued that the problems Fortis faced are simply the result of the subprime mortgage exposure and subprime-related investments of the company it acquired, much the same as, for example, Wachovia was exposed to the subprime-related problems from Golden West, which Wachovia acquired. [read post]
22 Oct 2008, 8:47 pm
Of course, conditions in that industry have deteriorated significantly since then, so it is no surprise to see that Wachovia Corp. announced a $23.9 billion-dollar quarterly loss earlier today - the largest ever for a bank. [read post]
22 Oct 2008, 2:54 am
Bair encouraged Steel to "give serious consideration to (the) offer," despite the fact that Wachovia had only days earlier entered into a nonbinding agreement in principle to sell its banking operations to Citigroup for $2.2 billion. [read post]
20 Oct 2008, 8:20 pm
Wachovia-style, to such brokers, provided they had some nexus of affiliation to banks? [read post]
20 Oct 2008, 4:05 pm
Wachovia may’ve slipped through Citi’s fingers, but after five long months of trial, the bank can take solace in big, fat jury verdict. [read post]
18 Oct 2008, 12:34 am
We tried some direct government lending support for faltering institutions: AIG, discount window lending to investment banks, government support for JPM purchase of Bear Stearns, FDIC guarantee of Citi's planned purchase of Wachovia. [read post]
16 Oct 2008, 1:00 pm
" The city attorney said he wants assurances in the settlement that Countrywide and its new parent company, Bank of America, will maintain staffing levels. [read post]
15 Oct 2008, 6:30 pm
Update (5:40): Moore & Van Allen tipsters want us to know that the Bank of America group was hit just as hard, if not harder than, the Wachovia group. [read post]
14 Oct 2008, 5:00 pm
Wells Fargo will get $5 billion for its acquisition of Wachovia, and Bank of America the same for amount for its purchase of Merrill Lynch. [read post]
14 Oct 2008, 3:04 am
Wells Fargo will get $5 billion for its acquisition of Wachovia, and Bank of America the same for amount for its purchase of Merrill Lynch.A side note: State Street's CEO wasn't at the meeting where the capital was allocated. [read post]
14 Oct 2008, 2:27 am
Wachovia Bank, 127 S. [read post]
13 Oct 2008, 5:00 pm
Wachovia agreed to lock the transaction on behalf of Wells Fargo by turning over 40% of the Bank's voting power to the purchaser (by issuing ten shares of supervoting stock, perhaps a new record for the number of votes per share). [read post]
13 Oct 2008, 3:06 pm
Once again, the emergency means the usual rules are being disregarded for Wells Fargo-Wachovia, who got the Fed to meet on Sunday to approve their application for a merger:In light of the unusual and exigent circumstances affecting the financial markets, the weakened financial condition of Wachovia, and all other facts and circumstances, the Board has shortened to 10 days the notice period to the primary regulators of the banks and savings associations involved in, and… [read post]
13 Oct 2008, 12:15 pm
The Bank filed a current report on Form 8-K on Friday announcing that it would invoke the exception. [read post]
13 Oct 2008, 1:57 am
The Federal Reserve on Sunday gave its stamp of approval to the takeover of Wachovia by Wells Fargo, which had battled Citigroup for ownership of the wounded bank. [read post]
12 Oct 2008, 2:20 pm
[JURIST] The US Federal Reserve Board [official website] Sunday approved [press release] a controversial merger between Wachovia bank and Wells Fargo that had prompted a legal challenge from jilted corporate suitor Citigroup [corporate websites]. [read post]
12 Oct 2008, 1:44 pm
March, Senior Vice President, Investments, The March Group of Wachovia Securities. [read post]
11 Oct 2008, 6:18 pm
And so it has transpired - with Chase, Wachovia and Bank of America among the most popular targets with scammers, according to the US's watchdog, the FTC.But of course what are you phishing FOR? [read post]
11 Oct 2008, 8:27 am
A provision in the legislation appears to invalidate bank acquisitions "in connection with any transaction" in which the F.D.I.C. uses its authority. [read post]
10 Oct 2008, 5:57 pm
" Citigroup states that it "remains willing" to complete its previously announced FDIC-assisted acquisition of Wachovia's banking operations, but has "decided not to ask that the Wells Fargo-Wachovia merger be enjoined. [read post]
