WebFirst Union merges. On September 1, 2001, First Union and Wachovia merged to create the leading retail bank presence on the East Coast and the fifth-largest full-service retail broker-dealer in the United States. The new company was named Wachovia Corporation. WebMay 3, 2003 · The combination of Wachovia and First Union, called a ``merger of equals,' created the nation's fifth-largest bank. Charlotte-based Wachovia has assets of $348 …
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WebApr 17, 2001 · First Union Corp., the nation's sixth-largest bank, will buy Wachovia Corp. in a $13.4 billion stock swap that will create the fourth-largest bank in the country, the … WebApr 15, 2024 · Approving the Merger of First Union and Wachovia]. Prior to the merger, First Union was the sixth largest commercial banking organization in the United States, with total consolidated assets worth $252.9 billion, and controlling appromimately 4.1 percent of total banldng assets of insured commercial banks in the United States. Id. tramontana rok groen
FIRST UNION SHAREHOLDERS OK MERGER\ WACHOVIA …
Web21. In connection with the Wachovia/First Union merger, Wachovia and NOVA entered into, effective August 1, 2002, the Amended and Restated Alliance Relationship Agreement (“the Original Restatement”). The parties subsequently amended the Restatement four times effective March 1, 2004 (First Amendment), January 1, 2005 (Second Amendment), 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 company was organized into four divisions: General Bank (retail, small business, and commercial customers), Wealth Management (high-net-worth, … WebJun 18, 2001 · In a victory for SunTrust Banks, a judge Monday afternoon allowed the bank to question Wachovia Corp.'s board of directors on how it reached a decision to pursue a merger with First Union Corp. tramontana\\u0027s