Analysts agreed that the Wachovia acquisition, which came after the bank was forced to seek a merger partner during the market meltdown last fall, was a boon for Wells Fargo. "This was the deal that made them," said banking industry consultant Ken Thomas of Wells Fargo's acquisition of Wac...
WELLS FARGO RAISES MERGER BID BANK TARGETS 1ST INTERSTATE SHAREHOLDERSDawn Yoshitake Daily News Staff Writer
Wells Fargo (WFC) reported a $2.82 billion profit in the fourth quarter, surprising analysts who had projected a loss of 1 cent a share on revenue of $21.97 billion. The San Francisco banking giant earned 8 cents a share, in the last three months of 2009
The article reports on the merger between financial institutions Wells Fargo & Co. and Wachovia Corp. in the U.S. on October 3, 2008. The merger is part of their initiative in strengthening their business operation and coping with the economic recession. It also signifies the enthusiasm of bo...
In 2000, Wells Fargo's Kovacevich saw compensation increase 7.6 percent; Norwest merger deemed a success.(BUSINESS) D Depass 被引量: 0发表: 0年 CEO's remark spurs Wells Fargo takeover talk; Hazen's comment has some speculating about U.S. Bancorp, Norwest as suitors.(BUSINESS) D Depass...
Barclays has declined to comment on the report in the Sunday Express, saying it does not respond to market speculation. The two banks reportedly held talks in October and November 2004. For this complete story, please visitBarclays and Wells Fargo Discussed Merger....
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WELLS FARGO JOINS JPMORGAN AND STOPS OFFERING HELOCS The need for Goldman to grow, particularly as the coronavirus has largely shut down deal-making, has prompted a new round of speculation that the investment bank might merge with a big commercial bank, such as Wells Fargo, or even PNC Ban...
Wells Fargo was created with themergerof large regional banks. Founders Wells and Fargo created their namesake in 1852 to cater to the growing population of gold miners and related hangers-on in California, which was in the early stages of its transition from a distant backwater to the most ...
Deal speculation fuels big California banks. (rumored merger between Wells Fargo and Co and First Interstate Bancorp drives stock prices up)Deal speculation fuels big California banks. (rumored merger between Wells Fargo and Co and First Interstate Bancorp drives stock prices up)Kleege, Stephen...