Wachovia

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instance_of gptkb:Bank
gptkb:investment_banking
gptkbp:acquired_by gptkb:Wells_Fargo
gptkbp:acquisition FDIC-assisted transaction
gptkbp:acquisition_year gptkb:2008
October 2008
gptkbp:assets $812 billion (2008)
$50 billion (2008)
gptkbp:ceo gptkb:Robert_K._Steel
gptkbp:competitors gptkb:Bank
gptkb:Citigroup
gptkb:JPMorgan_Chase
gptkb:PNC_Financial_Services
gptkb:Sun_Trust_Banks
gptkbp:conflict gptkb:2008_financial_crisis
gptkbp:dissolved gptkb:2010
gptkb:2011
gptkbp:employees approximately 30,000
gptkbp:founded 1879
1908
gptkbp:headquarters gptkb:Charlotte,_North_Carolina
gptkb:North_Carolina
https://www.w3.org/2000/01/rdf-schema#label Wachovia
gptkbp:industry gptkb:financial_services
gptkbp:legacy Wachovia's brand name
Wells Fargo's East Coast presence
gptkbp:market_cap $12 billion (at acquisition)
gptkbp:motto Wachovia logo
gptkbp:net_income $3.5 billion (2007)
gptkbp:notable_merger gptkb:Wachovia_Corporation
First Union Corporation
gptkbp:operates_in gptkb:United_States
gptkbp:parent_company gptkb:Wells_Fargo_&_Company
gptkbp:previous_name First Union Corporation
gptkbp:revenue $22.5 billion (2007)
gptkbp:services gptkb:Wealth_Management
gptkb:investment_banking
banking
investment services
mortgage services
retail banking
mortgage banking
gptkbp:stock_symbol WB
gptkbp:subsidiaries gptkb:Wachovia_Securities
Wachovia Bank, N. A.
Wachovia Mortgage Corporation
gptkbp:subsidiary gptkb:Wachovia_Securities
gptkbp:type gptkb:public_company
gptkb:financial_services
gptkbp:bfsParent gptkb:Wells_Fargo
gptkbp:bfsLayer 4