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Topic: Ken Thompson

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Wachovia investors have a day in court
Wachovia investors have a day in court
RALEIGH, N.C., March 24 (UPI) -- Wachovia Corp. officials lulled prominent shareholders into a false sense of security before the bank collapsed, their lawyer told a judge in North Carolina.
Australian fire official seeks missing son
SYDNEY, Dec. 12 (UPI) -- A top fire official from the Australian state of New South Wales says he desperately wants his apparently abducted son home safe as soon as possible.
Wachovia leaders acknowledge mistake
CHARLOTTE, N.C., July 10 (UPI) -- Wachovia Corp.'s chairman and new chief executive officer said the U.S. bank had made a mistake buying California firm Golden West Financial Corp.
Wachovia replaces chief executive officer
CHARLOTTE, N.C., June 2 (UPI) -- Wachovia, one of the largest U.S. banks, said Monday it had fired Chief Executive Officer Ken Thompson following a $708 million loss in the first quarter.
Radio star's hubby accused of harassment
NEW YORK, March 25 (UPI) -- The talent booker for a New York-based syndicated radio show accused her boss's husband of relentlessly trying to have sex with her, the New York Post said.
Executive Business Briefing
Here is a look at more of Monday's top business stories:
Executive Business Briefing
Here is a look at more of Thursday's top business stories:
Executive Business Briefing
Here is a look at more of Friday's top business stories.
Executive Business Briefing
Here is a look at more of Thursday's top business stories.
Executive Business Briefing
Here is a look at more of Wednesday's top business stories:

Quotes

“ Although general economic conditions remain weak, our focused customer approach and the benefits of the First Union-Wachovia merger have enabled us to produce better-than-expected results. We're pleased with our performance in the first quarter and we're optimistic about the remainder of 2003. ”
Executive Business Briefing
United Press International
“ Our balanced business model and broad distribution enabled us in 2002 to grow client assets in mutual funds 9 percent, annuities sales 22 percent, and low-cost core deposits 16 percent despite the very difficult economic environment, ”
Executive Business Briefing
United Press International
“ Our strong fourth-quarter performance caps a year of superb execution on our goals. We delivered on all of our promises -- we expanded distribution, reduced risk, controlled expenses and built capital, which enabled us to regain a double A Moody's debt rating, ”
Executive Business Briefing
United Press International
“ Insurance is a key component to the financial services industry. It is imperative that Wachovia have a strong insurance presence in the Carolinas, and the acquisition of Cameron M. Harris & Co. will complement our growth in this dynamic industry. ”
Executive Business Briefing
United Press International
“ While many employees have been busy learning new policies, products and procedures, we've continued to see outstanding growth in core deposits and, at the same time, record sales of investment products. And we've made excellent progress in building capital and controlling expenses. This is a real tribute to our people and, we believe, to our momentum for the future, ”
Executive Business Briefing
United Press International
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