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Wells Fargo, Wachovia Timeline Tuesday, April 24 Bookmark and Share     Author
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WF chairman to oversee Wachovia deal  Wells Fargo Chairman Dick Kovacevich will help manage the bank's proposed $15.1 billion takeover. - assuming he has his wife's permission Wells Fargo To Buy Wachovia
World News (12) World Business (847) USA (336) California (187) Bay Area (12) Bay Area Business (1699) San Francisco (339) Wells Fargo (131) Wachovia (11)
2009 (1) 2008 (9) 2002 (1)
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Main Event: Bank Under Siege By Facing Fore...
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2008-09-03 Bank Under Siege By Facing Foreclosure San Francisco
C. 2008-05-29 Bank Facing Questions Over Lending Oakland
D. 2008-05-20 Wachovia Faces Questions Over Lending Oakland
E. 2008-05-03 Residents ask banks to renegotiate loans Antioch
F. 2002-02-27 Shares fall after analyst lowers forecast Cisco

Wells gets green light for Wachovia
Wells to close or rename Wachovia outlets  Wells Fargo & Co. will close some branches and convert the rest to the Wells name in April, adding 65 locations statewide Wells cleans out Wachovia's top execs  Only one of Wachovia high-level executives will remain among the top brass after the bank is acquired by Wells Fargo Feds approve merger with Wachovia

year 2009 Top ^


year 2008 Top ^

  The Federal Reserve approves the merger of Wells Fargo and Wachovia after Citigroup withdraws the legal case in a New York federal court
  Wells Fargo is proceeding with plans to acquire Wachovia Corp. for $11.7 billion. Citigroup wouldn't pursue legal actions to halt the takeover

  Wachovia agreed to be acquired in a $15.1 billion all-stock deal. Citigroup demands that Wachovia abide by the terms of its earlier deal
 The Citigroup deal would have been done with the help of the Federal Deposit Insurance Corp. Wells deal without it
Sep.3 Bank Under Siege By Facing Foreclosure
  San Francisco: SF Wachovia branch was under siege by people on the verge of losing homes, accusing of giving mortgages that the bank knew they couldn't afford
May.29 Bank Facing Questions Over Lending
  Oakland: Many of World Savings (bought by Wachovia mid-2006) loans were made in some of Oakland's low-income minority neighborhoods
May.20 Wachovia Faces Questions Over Lending  Oakland: Some housing advocates are complaining about the way World Savings sold many of its loans during the housing boom May.3 Residents ask banks to renegotiate loans  Antioch: About two dozen people protested outside the branches of Countrywide, Wachovia and Washington Mutual

year 2002 Top ^

Feb.27 Shares fall after analyst lowers forecast
  Cisco: Shares of Cisco Systems fell 8% after an Stephen Koffler of Wachovia Securities lowered his forecast for third-quarter earnings

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