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U.S. Banker
April 2003
Glen Fest
Going with the Flow Wachovia CEO Ken Thompson's deal with Prudential has tongues wagging and rivals paying close attention. The newly combined brokerage, nets the bank greater access to trillions of dollars that will pass from one generation to another over the next 10 years. Move over Merrill? mark for My Articles similar articles
Registered Rep.
May 9, 2008
The Party's Over Thursday was no fun for G. Kennedy Thompson, as the board decided it was time for him to step down as chairman at Wachovia. mark for My Articles similar articles
Bank Technology News
November 2003
Jeremy Quittner
Finding Equals in a Merger Jean Davis's responsibility is to integrate all of Wachovia's systems, technologies and operations since its 2001 merger with First Union. It wasn't a cake walk, but the new entity is beginning to hum. mark for My Articles similar articles
Registered Rep.
February 18, 2003
David A. Geracioti
Prudential and Wachovia Deal at Hand Wachovia Corp. and Prudential Financial are set to announce their long-rumored joint venture, a partnership that would combine the two firms' brokerage units and clearing operations to create the third-largest brokerage (by number of reps) in the United States after Merrill and Morgan. mark for My Articles similar articles
Registered Rep.
January 13, 2003
Gaffen & Geracioti
Wachovia-Prudential: For Real This Time? Can you say Pru-chovia? Prudential Securities and Wachovia Securities are very close to an agreement to join forces, one that was scuttled earlier in the year, reportedly due to differences in who would control the unit. mark for My Articles similar articles
U.S. Banker
August 2006
John Engen
Southern Exposure Wachovia's Ken Thompson's appetite for deals has raised eyebrows with investors and analysts. Yet proponents say Thompson's ambition, coupled with strong organizational skills, is sure to keep customers and investors satisfied. mark for My Articles similar articles
Registered Rep.
December 1, 2003
David A. Gaffen
Suddenly, A Monster Wachovia Securities has gradually, then all of a sudden, emerged as a monster brokerage firm. But Wachovia management insists that its Richmond roots aren't the only difference between it and its New York-based rivals. mark for My Articles similar articles
Registered Rep.
January 1, 2003
Gaffen & Geracioti
What's Going to Happen to the Rock? The Prudential unit seems like a serious candidate for a sale. It has been losing money and been a perennial under-performer. mark for My Articles similar articles
Registered Rep.
March 1, 2003
David A. Gaffen
Wach-Pru: Rock Steady, or Not Ready? Wachovia's courtship of Prudential Securities, for months one of the worst kept secrets on the Street, has come to fruition. Is the new organization capable of competing in the elite league it has entered? mark for My Articles similar articles
Registered Rep.
July 28, 2008
Kristen French
Wachovia Could Sell Retail Brokerage: Analysts Analysts point to a record $8.9 billion quarterly loss in the second quarter, but Wachovia says the brokerage isn't for sale. mark for My Articles similar articles
Registered Rep.
November 27, 2002
Will Leitch
Going Upstream Prudential gives up bringing the U.S. brokerage model to the Old World. mark for My Articles similar articles
Registered Rep.
March 18, 2005
Will Leitch
Wachovia: On the Recruiting Warpath Wachovia Securities, the third-largest brokerage in the country, has announced an "aggressive" new strategy: the creation of the Individual Investor Group, entirely devoted to the recruitment and retention of individual brokers. mark for My Articles similar articles
Registered Rep.
September 27, 2004
David A. Gaffen
Wachovia Securities in Technological Purgatory The Prudential/Wachovia Securities systems integration continues to frustrate the firms' advisors, although the most serious problems have been cleared up. mark for My Articles similar articles
Registered Rep.
September 29, 2008
Wachovia, The Bank, Saved by Citi; What Will Happen To Wachovia Securities? Firm Says The AGE Integration To Continue Unaffected Citigroup apparently thinks its got enough financial advisors: Citi declined to buy the retail brokerage business -- Wachovia Securities (and A.G. Edwards) -- and the asset management unit (Evergreen). mark for My Articles similar articles
Registered Rep.
February 24, 2003
David A. Gaffen
Wachovia-Pru: What's Next The newly-announced joint venture between Wachovia's retail brokerage and Prudential Securities isn't scheduled to close for another 18 months. But the new company should be able to measure the effectiveness of its broker-retention strategy sooner than that. mark for My Articles similar articles
The Motley Fool
April 11, 2007
Ryan Fuhrmann
Foolish Forecast: Well-Protected Wachovia The banking giant is set to report its first-quarter 2007 financial results shortly. Investors, here is what you can expect to see. mark for My Articles similar articles
Registered Rep.
October 1, 2005
Christopher O'Leary
It's in the Bank Wirehouse veterans who have switched to bank brokerages say Wall Street's perception of bank brokerages is stuck in the past, and that the best bank brokerages have become much more competitive in terms of production, assets and compensation. mark for My Articles similar articles
The Motley Fool
September 13, 2005
Rich Smith
Wachovia's Turbocharged Purchase Wachovia gets deeper into auto loans by buying Westcorp's loan portfolio -- and its shares, too. Investors, take note. mark for My Articles similar articles
The Motley Fool
May 8, 2006
Stephen D. Simpson
Wachovia Pays Up for West Coast Real Estate For a high price, it adds a good bank franchise. Investors, there are still some worthwhile bank ideas out there if you take the time to look. mark for My Articles similar articles
Registered Rep.
December 1, 2005
Kristen French
Wachovia: Back on Track Wachovia is back in good graces with its brokers. The many integration headaches of the firm's merger with Prudential Securities have finally subsided. Reps polled say management has tackled a number of improvements. mark for My Articles similar articles
Registered Rep.
May 31, 2007
Kevin Burke
Wachovia Buys A.G. Edwards for $6.8 Billion, Creating New Rival to Merrill, Smith Barney The deal puts Wachovia among the top three competitors in retail brokerage -- in terms of both assets and advisors -- and retail banking. mark for My Articles similar articles
The Motley Fool
September 21, 2007
Lawrence A. Rothman
Good Deal, Wachovia! Strong quarterly results from A.G. Edwards reaffirm the wisdom of Wachovia's pending purchase. Investors, take note. mark for My Articles similar articles
Registered Rep.
November 1, 2004
David A. Gaffen
The Tipping Point Depending on how the grid changes resolve continuing differences between the Pru and Wachovia payout plans, old Pru reps may be ready to walk. Advisors say that at this point, they are growing weary of promises and pep talks. mark for My Articles similar articles
The Motley Fool
January 24, 2007
Michael Mancini
Has Wachovia Made the Turn? Two acquisitions boost its year-end results. Investors, take note. mark for My Articles similar articles
The Motley Fool
October 17, 2006
Ryan Fuhrmann
Wachovia Banks Another Quarter Wachovia just reported third-quarter results, and the bank continues to grow steadily. Investors, take note. mark for My Articles similar articles
Registered Rep.
March 1, 2005
Steve Watkins
Money in the Bank Bank-owned brokerage companies have awakened to the changes they need to make to attract top-shelf talent, and brokers are taking notice. mark for My Articles similar articles
Registered Rep.
February 13, 2004
David A. Gaffen
More Wachovia, Less Prudential Three former Prudential managers depart as part of the post-merger consolidation. mark for My Articles similar articles
Registered Rep.
October 1, 2004
Will Leitch
Bank Shots For the first time in a year-and-a-half, quarter-over-quarter revenue at bank-owned broker/dealers dropped, by 18 percent, according to a Bank Insurance & Securities Association's (BISA) report on the second quarter of 2004. mark for My Articles similar articles
Investment Advisor
July 2007
Kara P. Stapleton
News & Products Wachovia announced that it will acquire A. G. Edwards and fold it into Wachovia Securities... Prudential Financial is closing Prudential Equity Group, suspending the group's institutional equity research coverage and discontinuing the equity group's trading and sales arms in 13 cities... etc. mark for My Articles similar articles
Bank Systems & Technology
August 19, 2009
Maria Bruno-Britz
Martin Davis Unites the Wells Fargo and Wachovia IT Shops Merging two customer-centric banks presents challenges and opportunities for Davis as he oversees the technology integration. mark for My Articles similar articles
The Motley Fool
April 17, 2007
Ryan Fuhrmann
A Golden Opportunity for Wachovia Will its far-reaching services help the bank keep rewarding investors? mark for My Articles similar articles
The Motley Fool
July 23, 2007
Ryan Fuhrmann
Wachovia Is One Big Deal Wachovia snapped up one rival and is still digesting another. Investors, take note. mark for My Articles similar articles
Finance & Development
June 1, 2006
Wim Fonteyne
EU: From Monetary to Financial Union The choice is not between a centralized and a decentralized framework, but about the degree of centralization that will give Europe the best tools to manage risks to its financial stability without impeding the integration process itself. mark for My Articles similar articles
Registered Rep.
June 8, 2007
Christina Mucciolo
Wachovia Accelerates Hiring in Private Bank Under plans to expand its private banking presence, Wachovia Securities said it would hire about 300 private bankers over the next three years, more than doubling its number of private banking relationship managers. mark for My Articles similar articles
Registered Rep.
July 10, 2008
Wachovia: Oops, We Did It Again Yesterday Wachovia announced a new CEO to replace Ken Thompson: Robert Steele, previously a vice chairman at Goldman Sachs, and currently undersecretary of the Treasury until Wednesday. mark for My Articles similar articles
Bank Systems & Technology
November 1, 2005
Maria Bruno-Britz
Stranger in a Strange Land No More According to Wachovia's CIO, increasingly, banks are realizing the need to bring together IT with their general business strategies in order to achieve their goals on the customer end. mark for My Articles similar articles
Insurance & Technology
April 19, 2005
Lisa Valentine
Life After Integration A conversation with Nicholas Campanella, head of the Prudential Annuities technology group, about integrating technology from newly acquired American Skandia. mark for My Articles similar articles
On Wall Street
September 1, 2011
Mary Mack During our merger with Wells Fargo, I co-led its wealth brokerage business, overseeing the eastern part of the country. Mergers provide important lessons. mark for My Articles similar articles
Wall Street & Technology
June 4, 2004
Jessica Pallay
Growing Through a Major Merger Wachovia CIO Martyn Greene faces integration challenges with the firm's Prudential merger. mark for My Articles similar articles
The Motley Fool
September 14, 2005
Stephen D. Simpson
Wachovia: California Dreaming This North Carolina-based bank makes trips to the left coast for acquisitions. Should investors be worried? mark for My Articles similar articles
Bank Systems & Technology
August 19, 2009
Maria Bruno-Britz
Wells Fargo and Wachovia: The Creation of a Coast-to-Coast Banking Franchise It wasn't the easiest of acquisitions, but now that Wachovia is officially part of Wells Fargo, the heavy lifting has only begun for IT. mark for My Articles similar articles
The Motley Fool
November 14, 2006
Dan Caplinger
Banker, Broker, or Both? Be careful to figure out which hat your bank's employee is wearing. The key to dealing with bank-based brokers is to know exactly what you're being offered at all times. mark for My Articles similar articles
Registered Rep.
May 18, 2009
John Churchill
As Wells Fargo Takes Over, Integration at Wachovia and A.G. Edwards Still Faces Hurdles Some financial advisors at what is now the largest retail brokerage firm in the U.S. say the integration of the Wachovia and A.G. Edwards is still incomplete, and leaves much to be desired. mark for My Articles similar articles
The Motley Fool
April 30, 2009
Dan Caplinger
Tools to Make You a Better Investor Brokers have been hurting, and you can take advantage. With brokers focusing on getting your business, you'll find them developing and expanding on tools that could help you invest more easily. mark for My Articles similar articles
The Motley Fool
August 30, 2007
Emil Lee
Wachovia: Buy, Sell, or Hold? Are shares of this bank really bargain-priced? mark for My Articles similar articles
The Motley Fool
April 14, 2008
Morgan Housel
Wachovia's Bleeding Continues More capital infusions, more writedowns, more bad news. What's next for Wachovia? mark for My Articles similar articles
The Motley Fool
October 6, 2008
Morgan Housel
The Battle for Wachovia: Round 2 Come on, you didn't really think the banking world had its act together, did you? mark for My Articles similar articles
Registered Rep.
February 6, 2008
Halah Touryalai
Forget Sub-Prime Mortgage Woes--Wachovia Is Embarrassed By Its Telemarketers Wachovia Corp. is facing a lawsuit alleging it allowed a telemarketing scheme that eventually scammed consumers out of about $400 million. mark for My Articles similar articles
Registered Rep.
November 6, 2002
Rick Weinberg
Brokers Taking Hits from Surveys Brokers continue to take hits for Wall Street's research conflicts and the sluggish market, according to two recent polls that show investors are not seeking advice from brokers. mark for My Articles similar articles
The Motley Fool
July 20, 2006
Stephen D. Simpson
Wachovia Weighs In The popular bank reports respectable results in a challenging environment. Wachovia's management looks cocky now, but investors have taken a "show me" attitude in response. mark for My Articles similar articles