Calibre was an independent consultant that was hired by Wachovia for the Family Wealth Group to research managers. In 2009, Wachovia Securities was the first Wachovia business to be converted to the Wells Fargo brand, when the business became Wells Fargo Advisors. 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. 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). 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 former corporate headquarters of Wachovia in Charlotte, North Carolina. Business lines One Wells Fargo Center, formerly One Wachovia Center. On October 15, 2011, the last Wachovia branches in North Carolina were converted to Wells Fargo. The Wachovia brand was absorbed into the Wells Fargo brand in a process that lasted three years. The acquisition of Wachovia by Wells Fargo was completed on December 31, 2008, after a government-forced sale to avoid Wachovia's failure. Wachovia provided global services through more than 40 offices around the world. 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 a broad range of banking, asset management, wealth management, and corporate and investment banking products and services.
Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets.
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Octo 11 years ago ( October 15, 2011) (as a brand)Īrchived official website at the Wayback Machine (archive index) Decem 14 years ago ( December 31, 2008) (as an independent corporation)
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