First Union is Now Wells Fargo
On September 1, 2001, First Union and Wachovia merged to create the leading retail bank presence on the East Coast and the fifth-largest full-service retail broker-dealer in the United States. The new company was named Wachovia Corporation. As of December 31, 2001, it held assets totaling $330 billion and stockholders’ equity totaling $28 ...
First Union - Wikipedia
Starting in 1985, with the Supreme Court decision upholding regional interstate banking legislation, First Union focused on an aggressive growth strategy. From 1985 through the merger with Wachovia in 2001, First Union completed over 90 banking-related acquisitions, 50 of which were completed between 1985 and 1995.
First Union purchase of Wachovia closes - Sep. 4, 2001 - CNN Business
2001年9月4日 · NEW YORK (CNNfn) - North Carolina banks First Union Corp. and Wachovia Corp. completed their controversial merger Tuesday, creating the nation's fourth largest bank holding company. The stock...
First Union To Acquire Wachovia - The Washington Post
2001年4月17日 · First Union Corp., the nation's sixth-largest bank, will buy Wachovia Corp. in a $13.4 billion stock swap that will create the fourth-largest bank in the country, the companies announced...
Wachovia Corporation -- Company History
The new Wachovia Corporation was formed from the September 2001 merger of First Union Corporation and Wachovia Corporation. The deal created the fourth-largest bank holding company in the U.S. based on assets and the fifth-largest U.S. broker/dealer based on registered representatives.
First Union acquiring Wachovia for $13B stock - Apr. 16, 2001
2001年4月16日 · First Union Corp. said Monday it has agreed to buy Wachovia Corp. for about $13 billion in stock, a move that would combine two North Carolina-based rivals and create the nation's...
First Union to Buy Wachovia - The New York Times
April 16, 2001. The First Union Corporation agreed to buy the Wachovia Corporation for stock that they valued at $13.4 billion, the companies said today, in a deal that would create the...
FIRST UNION/WACHOVIA - SEC.gov
2001年5月23日 · First Union (NYSE:FTU), with $253 billion in assets and stockholders' equity of $16 billion at March 31, 2001, is a leading provider of financial services to 15 million retail and corporate customers throughout the East Coast and the nation.
THE MARKETS: Market Place; First Union Pursues Wachovia, Making Offer ...
2001年4月17日 · After a string of botched acquisitions, the First Union Corporation said yesterday that it would try the expansion strategy once again by acquiring Wachovia Corporation for $13.1 billion,...
wachovia - SEC.gov
2001年5月30日 · On April 16, 2001, First Union Corporation and Wachovia Corporation announced a merger of equals. The company will be the nation’s fourth largest financial services company upon consummation later this year.