Wachovia

847 views
798 views

Published on

one of my family banks that is most used in my family line.!.!

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
847
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Wachovia

  1. 1. Darius Singleton Business Essentials
  2. 2. <ul><li>A commercial bank </li></ul><ul><li>Founded in 1897 </li></ul><ul><li>Headquarters are in Atlanta </li></ul><ul><li>Lanty Smith is chairman </li></ul><ul><li>Ken Thompson is CEO </li></ul>
  3. 3. <ul><li>$7.04 billion a year </li></ul><ul><li>117,000 people are employed </li></ul><ul><li>www.wachovia.com </li></ul><ul><li>Merged with Wells Fargo </li></ul>
  4. 4. <ul><li>Founded in 1987 </li></ul><ul><li>Named after the Moravians </li></ul><ul><li>Settled in Forsyth County, North Carolina </li></ul><ul><li>Built on 98,985 acres of land </li></ul>
  5. 5. <ul><li>Financial services in 21 states </li></ul><ul><li>5,300 ATM’s across America </li></ul><ul><li>Merged with First Union </li></ul><ul><li>Founded on Danube river </li></ul><ul><li>Name was to honor settler’s </li></ul>
  6. 6. <ul><li>Future is still uncertain </li></ul><ul><li>Commercial real estate in danger </li></ul><ul><li>Likely to move ahead independently </li></ul><ul><li>Wachovia stock has fallen 57% </li></ul><ul><li>“ Uncommon Wisdom” </li></ul>

×