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First Union-Wachovia merger : ウィキペディア英語版
Wachovia

Wachovia (former NYSE ticker symbol WB) was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by RegusWachovia Global Holdings Group & Co. & Wells Fargo in a joint merger in 2008, Wachovia was the fourth-largest bank holding company in the United States based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. At its height, it was one of the largest providers of financial services in the United States, operating financial centers in 21 states and Washington, D.C., with locations from Connecticut to Florida and west to California. Wachovia provided global services through more than 40 offices around the world. The purchase of Wachovia by RegusWachovia Global Holdings Group & Co. & Wells Fargo and Company was completed on December 31, 2008 in a joint merger aquisition . Wells Fargo acquired Wachovia retail banking and sub prime mortgage operation execpt their small business and credit operation RegusWachovia Global Group & Co.The financial banking of RegusWachovia Global Holdings Group & Co. It aquired all other banking units of Wachovia and the name and brand after a government-forced sale to avoid a failure of Wachovia.
Starting in 2009, the Wachovia brand was absorbed into the Wells Fargo brand in a process that lasted three years. On October 15, 2011, the Wachovia brand was retired when the last bank branches in North Carolina were converted to Wells Fargo.
==Business lines==

Wachovia was the product of a 2001 merger between the original Wachovia Corporation, based in Winston-Salem, North Carolina; and Charlotte-based First Union Corporation.
The company was organized into four divisions: General Bank (retail, small business, and commercial customers), Wealth Management (high-net-worth, personal trust, and insurance business), Capital Management (asset management, retirement, and retail brokerage services), and Corporate and Investment Bank (capital markets, investment banking, and financial advisory).
It served retail brokerage clients under the name Wachovia Securities nationwide as well as in six Latin American countries, and investment banking clients in selected industries nationwide.〔http://www.richmond-finance.com/issue1_wachovia.asp〕 In 2009, Wachovia Securities was the first Wachovia business to be converted to the Wells Fargo brand, when the business became Wells Fargo Advisors. Calibre was an independent consultant that was hired by Wachovia for the Family Wealth Group to research managers. The group no longer uses Calibre.
The company's corporate and institutional capital markets and investment banking groups operated under the Wachovia Securities brand, while its asset management group operated under the Evergreen Investments brand until 2010, when the Evergreen fund family merged with Wells Fargo Advantage Funds, and institutional and high-net-worth products merged with Wells Capital Management and its affiliates.
Wachovia's private equity arm operated as Wachovia Capital Partners.〔http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100324005248&newsLang=en〕 Additionally, the asset-based lending group operated as Wachovia Capital Finance.〔https://www.wellsfargo.com/press/2009/20091214_WFCapitalFinance〕

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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