|
|
Wells Fargo swings to 4Q loss
NEW YORK - Wells Fargo & Co. said Thursday that it swung to a $2.83 billion loss in the fourth quarter as it took significant charges to reduce its exposure to the risky assets of Wachovia Corp. and built up its reserves to cover future losses.
Activities:2008 Wachovia Deal Madoff Fraud Case Source:(AP)
2009-01-28
Wachovia shareholders OK Wells deal
Wachovia Corp.Õs shareholders approved the companyÕs merger with Wells Fargo & Co. at a relatively sedate shareholder meeting Tuesday morning, clearing the way for the deal to close next week.
Nations:U.S. Activities:2008 Wachovia Deal
2008-12-26
Prudential to Sell Wachovia Stake to Wells for $3.7 Billion
NEW YORK -- Prudential Financial Inc. said Thursday it plans to sell its minority stake in retail brokerage Wachovia Securities to Wells Fargo and has applied to tap into the Treasury's capital purchase program.
Activities:2008 Wachovia Deal
2008-12-04
Wells Fargo plans $10 billion stock offering
NEW YORK - Wells Fargo & Co. said Wednesday that it will sell $10 billion worth of common stock in a public offering expected to price after the market closes on Thursday.
Nations:U.S. Activities:2008 Wachovia Deal
2008-11-05
Wachovia 3Q loss paves way for Wells deal
NEW YORK - How could a $24 billion loss possibly be good news? When it comes from Wachovia as an effort to primp itself for its acquisition by Wells Fargo.
Nations:U.S. Activities:2008 Wachovia Deal Source:(AP)
2008-10-22
|