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California Wachovia News is an EIN News Service for banking industry professionals. Constantly updated news and information about California Banking.
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  • Talking Our Way Out of the Great Recession 7 Nov 2009 06:53 GMT
    ... Bush Administration began bailing out the defaulting banks. Secretary of the Treasury Hank Paulson, no ... for resources and Citicorp (not to mention Wachovia and Bank of America and several others) ... else to get a context for "recovery." California is sliding into the Pacific financially, unable ...

  • Meet the new leaders of banking 6 Nov 2009 15:59 GMT
    ... -- JPMorgan Chase, Wells Fargo and other bank behemoths have bulked up over the past ... operations after they bought Washington Mutual and Wachovia respectively. Today, the nation's 10 largest banks ... looking to expand its presence in Northern California after it acquired a branch in the ...

  • Dow Jones on the Paper-It-Over Economy 6 Nov 2009 21:57 GMT
    ... ready-to-implode option-ARMs Wells inherited when it bought Wachovia, which inherited them when the disastrous concept ... loans were concentrated in hard-hit states like California. In order for the median note bought ... job of countering Wells Fargo's spin. “We're banking on the fact the economy will improve ...

  • Wells Fargo's Mortgage Conversion Scheme: Delaying the Inevitable 6 Nov 2009 20:40 GMT
    ... of income were buying $560K houses in California. And then I got very worried. But ... on their balance sheets; much like the bank zombies did for a decade-plus in Japan. ... to take over the 4th largest bank, Wachovia, under duress in 2008. As part of ...

  • John Mayer announces winter tour, Michael Franti & Spearhead to support; 'Battle Studies' out Nov 17 6 Nov 2009 09:28 GMT
    ... melodies and simplicity of '70s and '80s California rock/pop.Where was written with the timelessness of ... ON Air Canada Centre 2/16 Ottawa, ON Scotiabank Place 2/17 Montreal, QC Bell Centre 2/19 ... Washington, DC Verizon Center 2/21 Philadelphia, PA Wachovia Center 2/24 Boston, MA TD Banknorth Garden ...

  • First Private Bank & Trust Names John Tellenbach as Chief Lending Officer 3 Nov 2009 17:30 GMT
    ... LOS ANGELES--(BUSINESS WIRE)-- First Private Bank & Trust today announced the appointment of ... and expanding commercial banking segments in Southern California," said Charlie Jackson, President and CEO. "His ... Southwest Director of Small Business Banking for Wachovia Bank and holding various senior level management ...

  • This is the bust in the boomtown that banks built 1 Nov 2009 05:14 GMT
    ... as a fitting headquarters for Wachovia’s national banking empire. It will open instead as the headquarters ... the headquarters of a regional power company. Wachovia, unable to survive a run of bad ... out in Wilmington, Del., and Orange County, Calif. Deregulation allowed banks to avoid state caps ...

  • BofA's next chief may be based in New York 4 Nov 2009 05:53 GMT
    ... Bank of America Corp. broadened its search for a chief ... - is based in the former Calabasas, Calif., headquarters of Countrywide Financial Corp., which the ... Francisco-based Wells Fargo & Co. bought Charlotte-based Wachovia Corp. in an October 2008 sale brokered ...

  • Workers Failing to Save Enough for Expected Retirement Lifestyle, Wells Fargo Study Finds 5 Nov 2009 13:51 GMT
    ... annual Retirement Fitness Survey was originated by Wachovia. Wachovia Corporation merged with Wells Fargo & ... company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through ... NewsBlaze, Tags: Business wire, Banking and Finance, california, north carolina, Women in the News, Medical, ...

  • www.PicksThatMove.com: "Picks that move" Alerts, November 05, 2009: WFC, NKE, C, TD, DAL and ZLC 5 Nov 2009 19:32 GMT
    ... Nike (NYSE:NKE); Citigroup Inc. (NYSE: C); Toronto-Dominion Bank (NYSE: TD); Delta Air Lines (NYSE: DAL) ... 30, 2009, show Wells Fargo, together with Wachovia, extended 2,347 SBA-guaranteed loans totaling $827 million ... and units in six states: Alaska, Arizona, California, Colorado, Nevada and Texas. About Wells Fargo ...

  • Wells Fargo defers reckoning on troubled mortgage balances 3 Nov 2009 19:59 GMT
    ... Washington Mutual, respectively - although those two banks' option-ARM book represent much smaller portions of their ... at a 20.4% discount, when it purchased Wachovia Corp. last year. The Charlotte bank, which ... One borrower, Danny Annan, an Orange County, Calif., engineer, just finished weighing one of Wells ...

  • Wells Fargo Insurance Services Names Todd Wartchow Senior Finance Officer 3 Nov 2009 19:31 GMT
    ... experience and finance leadership roles in the bank. We are thrilled to have Todd join ... Wells Fargo Insurance Services, Inc., along with Wachovia Insurance Services, is the fifth largest insurance ... © 2009, NewsBlaze, Tags: Business wire, arizona, california, colorado, idaho, illinois, minnesota, montana, nevada, new ...

  • JOHN MAYER ANNOUNCES 'BATTLE STUDIES' TOUR WITH SPECIAL GUEST MICHAEL FRANTI & SPEARHEAD 5 Nov 2009 19:30 GMT
    ... melodies and simplicity of 70's and 80's California rock and pop. Studies is a confessional, ... ON Canada Centre 16 Tue Ottawa, ON Scotiabank Place 17 Wed Montreal, QC Bell Centre ... Washington, DC Verizon Center 21 Philadelphia, PA Wachovia Center 24 Wed Boston, MA TD Banknorth ...

  • Capgemini Transforms Delivery with iRise Enterprise Visualization 3 Nov 2009 17:54 GMT
    ... of all sizes like General Motors, UPS, Wachovia, Manpower, M.D. Anderson Cancer Center, and many ... is visualized today. Headquartered in El Segundo, Calif., iRise is backed by Morgan Stanley Venture ... by Morgan Stanley Venture Partners, and Deutsche Bank, and has sales offices across North America. Capgemini, one ...

  • JAY-Z BP3 Confirms 2010 North American Tour Dates 5 Nov 2009 22:51 GMT
    ... Center, UCLA's Pauley Pavilion, Northern Kentucky University's Bank of Kentucky, Eastern Michigan University's Convocation Center, ... Seattle, Kelowna British Columbia's Prospera Place, Philadelphia's Wachovia Center, Providence's Dunkin' Donuts Center and Baltimore's ... The company is headquartered in Los Angeles, California and is listed on the New York ...


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