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12/25/2008 News For: Wachovia Bank AnnuitiesWachovia settlement checks real, Better Business Bureau says The Better Business Bureau is assuring individuals who recently received a check from a federal court in Pennsylvania that the checks are legitimate and part of a settlement agreement with Wachovia Bank related to telemarketing fraud. Wachovia purchase gets final approval Shareholders OK bank's $11.8 billion sale to Wells Fargo. Wachovia, the Lehigh Valley's largest bank, is expected by the end of the year to be under the ownership of San Francisco banking giant Wells Fargo now that shareholders with both companies have approved the $11.8 billion deal. Wachovia 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 place in ... Wachovia shareholders OK Wells Fargo takeover Shareholders of Wachovia on Tuesday approved a takeover by Wells Fargo, clearing the way for a deal creating the largest US bank in terms of deposits. Wachovia shareholders approve Wells Fargo buyout Wachovia Corp's shareholders approved the bank's takeover by rival Wells Fargo & Co on Tuesday, bringing one of the largest mergers stemming from the financial crisis close to completion. Wachovia Bank Robbery The FBI is requesting public assistance with identifying two individuals who robbed the Wachovia Bank branch located at 4516 Augusta Road, Garden City, Georgia today.? Wells Fargo purchase of Wachovia OK'd; PNC purchase of National OK'd Wells Fargo WFC and Wachovia shareholders voted to approve Wells Fargo's $11.8 billion purchase of Wachovia. The combined company will have more than $1.42 trillion in assets and nearly $800 million in deposits nationwide, and will be Florida's biggest bank by deposits. Wachovia Shareholders Approve Sale To Wells Fargo Wachovia shareholders approved the sale of the Bank to Wells Fargo today in a meeting that took place Tuesday morning at the Hilton in uptown Charlotte. Fed approves GMAC bank request in boost for GM The US Federal Reserve has approved a request by GMAC, the troubled financial arm of General Motors, to become a bank holding company, allowing it to tap government bailout funds and emergency loans. Seniors Job Bank closes, citing financial problems Connecticut's only job bank exclusively for older workers has shut its doors amid financial problems. |