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Wells names Wachovia execs to investment bank posts
Wells Fargo & Co. today named two Wachovia executives to lead the company's combined investment banking and capital markets group. Rob Engel, who is based in Charlotte, and Jonathan Weiss, who is based in New York, will lead a group that reports to Wells Fargo executive Tim Sloan, who also has responsibility for commercial banking and real estate businesses. The fate of Wachovia's ...

Few immediate changes as Wells integrates Wachovia
Wachovia customers will see few immediate changes as Wells Fargo takes charge of the bank holding company. Wachovia has one of Delaware's largest bank branch systems and is a major presence in the stock brokerage business in the First State. It has been a larger player in the Philadelphia market.

Bloggers updating Wachovia customers
To keep its expanded customer base informed about upcoming changes, Wells Fargo launched a new blog on Friday, two days after officially buying Wachovia, South Carolina’s largest bank on the basis of deposits. The first post is from Wells Fargo CEO John Stumpf. “We’re one team, twice as strong and committed to make the ride as smooth as possible for everyone on the stagecoach,” Stumpf wrote. He ...

Wells Fargo Chief Sees Job Cuts After Wachovia Deal
The chief executive of Wells Fargo , John Stumpf, whose company acquired Wachovia , said on Wednesday that minimizing job losses will be a priority but added that some cuts would begin this year.

Bank robber gets 5 years probation
A man charged in the July robbery of a Wachovia Bank at 507 Coleman Blvd. in Mount Pleasant was sentenced to probation Wednesday.

Robber Hits W Loop N 1604 Wachovia
Police are looking for a man in his 20s wanted in the holdup of a Wachovia Bank in the far Westside of the city.

Wachovia Bank robbed in Virginia Beach
VIRGINIA BEACH, Va. - Virginia Beach police were called to a robbery at the Wachovia Bank on Independence Blvd. and Pembroke Blvd. in Virginia Beach on Monday.