SAN FRANCISCO, Jan. 1 (UPI) -- San Francisco bank Wells Fargo & Co. said it had closed on its purchase of Wachovia Corp., making it the fourth-largest U.S. bank measured by assets.
CHARLOTTE, N.C., Dec. 18 (UPI) -- Many Wachovia Corp. shareholders have given up the fight to keep the U.S. bank independent, analysts say.
CHARLOTTE, N.C., Dec. 6 (UPI) -- A North Carolina judge has rejected a lawsuit filed by a Wachovia shareholder seeking to block the bank's sale to Wells Fargo.
ERIE, Pa., Dec. 3 (UPI) -- A Pennsylvania man has been sentenced to 45 years in prison for his role in the death of a man who robbed a bank with a bomb strapped to his neck.
CHARLOTTE, N.C., Nov. 25 (UPI) -- Ten top executives at North Carolina's Wachovia Corp. could receive nearly $100 million in severance pay if displaced by a Wells Fargo merger, records show.
CHARLOTTE, N.C., Nov. 23 (UPI) -- Shareholders who oppose Wachovia's purchase have filed a class-action lawsuit to block Wells Fargo's impending purchase of the bank.
NEW YORK, Nov. 20 (UPI) -- GMAC Financial Services said Thursday it had applied to the U.S. Federal Reserve for bank holding company status, a step toward securing federal aid.
RALEIGH, N.C., Nov. 12 (UPI) -- North Carolina Treasurer Richard Moore sounded bitter tones about the Wells Fargo takeover of Wachovia Corp. in a television interview Wednesday.
SAN FRANCISCO, Nov. 7 (UPI) -- Wells Fargo & Co. issued 407.5 million new shares at discount prices, raising $11 billion in fresh capital to help finance the purchase of Wachovia Corp.
SAN FRANCISCO, Nov. 6 (UPI) -- Wells Fargo will downsize several of North Carolina bank Wachovia Corp.'s businesses, Chief Financial Officer Howard Atkins said.
WASHINGTON, Oct. 28 (UPI) -- A U.S. House committee has opened an investigation into how banks on the brink of collapse manage to pay their executives huge bonuses.
CHARLOTTE, N.C., Oct. 22 (UPI) -- Wachovia, soon to be swallowed by Wells Fargo, revealed Wednesday just how deep the red ink is at the North Carolina bank -- $24 billion in the third quarter.
CHARLOTTE, N.C., Oct. 16 (UPI) -- Wachovia Corp. top executives discussed a $5 billion deal with U.S. billionaire investor Warren Buffet in September, an unnamed source said.
NEW YORK, Oct. 15 (UPI) -- U.S. financial giants, JP Morgan Chase and Wells Fargo both beat expectations with stronger-than-expected third quarter performances, the companies said.
WASHINGTON, Oct. 13 (UPI) -- The U.S. Federal Reserve Board said Monday it had approved the $12.2 billion purchase of Wachovia Corp. by Wells Fargo & Co.