Wachovia Bank: Brand overview
Founded: | June 16, 1879 – 2011 |
Founder: | Wells Fargo |
Headquarters: | Charlotte, North Carolina, U.S. |
Meaning and History
What is Wachovia Bank?
This former major American bank was known for its extensive branch network and diverse financial services. The bank, headquartered in Charlotte, North Carolina, offers investment services, asset management, retail, and commercial banking. The company had a strong presence in the Southeastern U.S. and expanded through acquisitions in other regions. During the financial crisis, the bank faced difficulties, leading to its acquisition by Wells Fargo. Today, the company no longer exists as a separate brand.