RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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
  • HSBC to Pay $1.9 Billion for Laundering Money

    HSBC to Pay $1.9 Billion for Laundering Money
    Global banking giant HSBC will pay $1.92 billion in a record settlement with U.S. regulators to resolve money-laundering allegations. The U.S. Treasury said Tuesday that HSBC allowed hundreds of millions of dollars from Mexican drug trafficking...
  • Will Wall Street prevail?

    Will Wall Street prevail?
    Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...
  • Marion Sandler dies at 81; World Savings Bank executive

    Marion Sandler dies at 81; World Savings Bank executive
    As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...
  • Alan Grayson wins $852,000 award in case alleging “Ponzi scheme”

     
    Former U.S. congressman Alan Grayson has won $852,000 in a federal securities case he claimed involved a “Ponzi scheme” that had defrauded him and other investors of up to $1 billion. That’s the good news for Grayson. The bad news for...
  • 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 says California's economy "in flux" next year

     
    California economy in flux next year....
  • Wells Fargo settles bid-rigging case

     
    Banks bid rigging: The suit accused many investment banks of conspiring to rig the bidding process, “sharing their illegal gains through kickbacks to one another, and making other secret, undisclosed arrangements.”...
  • NBC Universal profits bounce back, signaling GE agreed to Comcast sale at market bottom

     
    Comcast Corp.'s timing on its multibillion deal to acquire controlling interest of NBC Universal is looking pretty good right now. General Electric Co. decided to unwind its interest in NBC Universal early last year when the media business seemed to......
  • Wells Fargo beats Wall Street's earnings expectations

     
    Reporting weaker demand for loans but improved credit quality, Wells Fargo & Co. said its second-quarter profit declined 3% -- a better-than-expected result that sent stock in the giant San Francisco bank higher. Wells Fargo said it earned $3.06 billion,....
  • Dawson: Feel a (over) draft?

     
    In April, I blogged about a self-labeled ”struggling student” who whined to me about overdraft fees on his Wachovia account. I sympathized – until I reviewed a printout of his purchases which resembled the expense report of a spri...
  • Wells Fargo beats expectations with 3% increase in earnings

     
    The Wells Fargo stagecoach continues to roll despite the weak economy, weathering the San Francisco bank's 2008 acquisition of Wachovia Corp. better than some critics had predicted. Wells Fargo beat Wall Street expectations by reporting third-quarter...