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12/25/2008 News For: Wachovia AnnuityWachovia employees learn about severance By Rick Rothacker, rrothacker@charlotteobserver.com Wachovia Corp. employees are starting to find out about Wells Fargo & Co.'s severance plan in anticipation of layoffs expected after Wells' official Dec. 31 takeover. The San Francisco-based bank's human resources director, Julie White, sent a memo to employees last week acknowledging the questions Wachovia workers have about their ... Wachovia shareholders approve sale CHARLOTTE, N.C., Dec. 23 UPI -- Wachovia shareholders Tuesday approved the bank's sale to Wells Fargo & Co. Wachovia shareholders approve merger with Wells Fargo NEW YORK: Shareholders of troubled financial services firm Wachovia Corporation have given their approval for the merger with banking major Wells Fargo, a move that will create one of North America's most extensive financial services distribution network . Wells Fargo, Wachovia Shareholders Approve Deal Wells Fargo & Co. and Wachovia Corp. shareholders on Tuesday voted to approve Wells Fargo's $11.8 billion purchase of Wachovia. The combination creates one of the nation's largest banks. A combined Wells Fargo and Wachovia will have more than $1.42 trillion in assets and nearly $800 million in deposits, with operations in 39 states and Washington, D.C. Shareholder approval of the Wachovia ... Wachovia, Wells Fargo merger gets nod NEW YORK: Shareholders of the troubled financial services firm Wachovia Corporation have given their approval for the merger with banking major Wells Fargo, a move that will create one of North America?s most extensive financial services ... Wells Fargo, Wachovia approve deal The shareholders OK Wells Fargo's $11.8 billion purchase of Wachovia, making one of the nation's largest banks. Wells Fargo-Wachovia changes are taking shape By Rick Rothacker, rrothacker@charlotteobserver.com Pending today's shareholder vote, Wachovia Corp. is set to officially become part of Wells Fargo & Co. on New Year's Eve, but behind the scenes, the transition is already taking shape. Wells has named upper rungs of management for the combined business units and staff functions, and it's clear the San Francisco bank is choosing its own for ... Update: Wachovia's decline hurting charities, investors WINSTON-SALEM ? The near-collapse and sale of Wachovia Corp. that cost investors billions of dollars in losses is also hitting North Carolina nonprofits that used to enjoy regular donations of the Charlotte bank's valuable shares. Wachovia shareholders were to vote today on whether to approve its takeover by San Francisco-based Wells Fargo & Co. Since the forced merger was announced in ... Comstock Homebuilding Companies Restructures $22 Million Debt Outstanding With Wachovia RESTON, Va., Dec. 23, 2008 -- Comstock Homebuilding Companies, Inc. and certain of its subsidiaries today announced that they have entered into various loan modification agreements with Wachovia Bank, N.A. with respect to the approximately $22.2 million outstanding under the Company's secured borrowing base facility . Wells, Wachovia approve deal Wells Fargo & Co. and Wachovia Corp. shareholders voted on Tuesday to approve Wells Fargo's $11.8 billion purchase of Wachovia. The combination creates one of the nation's largest banks, with more than $1.42 trillion in assets, nearly $800 million in deposits... |



