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Wachovia Corp.

A collection of news and information related to Wachovia Corp. published by this site and its partners.

Top Wachovia Corp. Articles

Displaying items 12-22
  • U.S. sues BofA over mortgage-backed securities

    In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans." The civil suits,...
  • 5 years after financial crash, many losers — and some big winners

    Never let a crisis go to waste, says an old rule of politics. For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
  • Maverick investor faces legal pressure

    Maverick investor faces legal pressure
    Two decades ago, he was one of three young traders who made $27 million in 22 days trading the stock of a bankrupt company on the Chicago Stock Exchange, becoming known as one of "the bad boys of arbitrage." Assessing that deal, a federal appeals...
  • JPMorgan posts first loss under Dimon

    JPMorgan posts first loss under Dimon
    NEW YORK — The financial crisis has finally caught up with Jamie Dimon. As leader of JPMorgan Chase & Co., he steered the nation's largest bank through the Wall Street collapse of 2008. At the prodding of panicked U.S. regulators, the mighty New...
  • Consumer advocates fear that more traditional banks will be offering payday loans

    Consumer advocates fear that more traditional banks will be offering payday loans
    If you are offered a short-term advance on your paycheck at a triple-digit interest rate, you might think you're being pitched a payday loan — a product that's basically banned in Maryland and other states with rate caps. But what if that deal came...
  • Wells Fargo agrees to pay restitution to mortgage borrowers

    Under an agreement announced Thursday by the Maryland Attorney General's Office, Wells Fargo has agreed to make loan modifications and pay nearly $1 million in restitution to customers of two lenders acquired by the bank. The office's Consumer Protection...
  • Sospecho de muerte de niños encontrados muertos en canal de Delray, preso sin derecho a fianza

    Sospecho de muerte de niños encontrados muertos en canal de Delray, preso sin derecho a fianza
    Los fiscales federal dijeron el miércoles que el principal sospechoso de las muertes de dos niños encontrados en el canal de Delray Beach también está siendo investigado por la muerte de la madre de los menores debido a que ella fue testigo contra él en...
  • Robin Hood sighting in Tampa

    Investigators said Elmer McGuirt robbed a Wachovia Bank in Tampa on Apr. 29th, reports The Tampa Tribune. His getaway vehicle was less than ideal -- a Hillsborough Area Regional Transit bus. While on the bus, the 27-year-old man began passing out...
  • Bank robbery suspect pulled off CAT bus in downtown Harrisburg

    Bank robbery suspect pulled off CAT bus in downtown Harrisburg
    A quick arrest in a robbery in downtown Harrisburg. It happened just before 6 o'clock. Police say that 48 year old Gary Reid, walked into the Wachovia Bank at North 3rd and Walnut street and handed a teller a note demanding money. No weapon was displayed....
  • 11/15: Progressions, promotions in Central Florida

    Advertising Sarah Faust was hired as senior account executive and Becky Smith was hired as account executive at Acropolis in Orlando. Banking Larisa Perry was promoted to Central Florida regional president of Wachovia in Orlando. Hal Warren was...
  • Regional investment bank aims for a reprise

    Regional investment bank aims for a reprise
    Jim Freedman and his partners have been here before. "We call this Act Three," he told me one day recently from the Westside high-rise office of Intrepid Investment Bankers, his new firm devoted to mergers and acquisitions in the regional middle market...