Wachovia

E913602

Wachovia was a major American diversified financial services company and bank holding company that was acquired by Wells Fargo during the late-2000s financial crisis.

All labels observed (6)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf bank holding company
financial services company
acquiredBy Wells Fargo
acquisitionDate 2008
brandRetired 2011
country United States
dissolved 2011
fate acquired by Wells Fargo
formedByMergerOf First Union Corporation
Wachovia Corporation (original)
linked to: Wachovia
hadBusinessModel diversified financial services
hadMajorCompetitor Bank of America
Citigroup
JPMorgan Chase
hadSubsidiary Wachovia Bank, N.A.
linked to: Wachovia

Wachovia Mortgage
linked to: Wachovia

Wachovia Securities
hadType public company
headquartersLocation Charlotte, North Carolina
industry banking
financial services
languageOfName English
notableEvent government-facilitated acquisition by Wells Fargo in 2008
near-collapse during the 2008 financial crisis
rapid expansion through acquisitions in the 1990s and 2000s
offeredService asset management
brokerage services
commercial banking
investment banking
mortgage lending
retail banking
wealth management
operatedIn Asia
Europe
Latin America
United States
parentCompanyAfterAcquisition Wells Fargo
predecessor First Union Corporation
regulator Federal Deposit Insurance Corporation
Federal Reserve
Office of the Comptroller of the Currency
stockExchangeListing New York Stock Exchange
successor Wells Fargo
tickerSymbol WB
wasAffectedBy late-2000s financial crisis
wasComponentOf S&P 500 Index

How these facts were elicited

Referenced by (14)

Full triples — surface form annotated when it differs from this entity's canonical label.

Wachovia Spectrum sponsoredBy Wachovia
Wachovia Spectrum namedAfter Wachovia Corporation
linked to: Wachovia
Washington Mutual mainCompetitor Wachovia
subject linked to: NYSE:WM
CoreStates Financial Corporation successor Wachovia Corporation
linked to: Wachovia
First Union Corporation fate merged into Wachovia Corporation
linked to: Wachovia
First Union Corporation successor Wachovia Corporation
linked to: Wachovia
First Union Corporation mergedWith Wachovia Corporation
linked to: Wachovia
First Union Corporation acquiredBy Wachovia Corporation
linked to: Wachovia
First Union Corporation dissolvedInto Wachovia Corporation
linked to: Wachovia
Wachovia formedByMergerOf Wachovia Corporation (original)
linked to: Wachovia
Wachovia hadSubsidiary Wachovia Bank, N.A.
linked to: Wachovia
Wachovia hadSubsidiary Wachovia Mortgage
linked to: Wachovia