Wachovia news from FierceFinance

Would it surprise you that Wells Fargo (WFC) is now the third largest brokerage? It employs 15,000 advisors and manages more than $1 trillion in wealth--and yet it somehow flies under the radar.... Read more...

When it comes to customer satisfaction and reputation, it's hard for big banks to win. This has long been evident in the customer satisfaction research by Forrester. Large banks tend to fare poorly,... Read more...

Wells Fargo (WFC) certainly has a lot to integrate right now. Wachovia was a sprawling enterprise, and the good news is that Wells executives are convinced that the benefits of integration will be as... Read more...

We've seen lot of competition for financial advisors as of late, with most of the action focusing on independents or smaller brokerages recruiting from the wirehouses. Wells Fargo (WFC) inherited an... Read more...

The real thorn in Citigroup's (C) side? You might say the government generically. You might say Sheila Bair specifically. But when you get right down to it, it might be Wells Fargo (WFC). The New... Read more...

Recall that Wells Fargo (WFC) CEO John Stumpf was an early critic of the TARP program, specifically the fact that top banks had no choice to accept funds or not. It was sort of assumed that Wells... Read more...

It's been just over a year since the credit meltdown rocked the world, and we're seeing lots of journalists weigh in with polished first drafts of history. Andrew Ross Sorkin, of the New York Times,... Read more...

Reuters notes that the top retail brokerages are all undergoing fairly significant integrations at the moment. Bank of America (BAC) acquired Merrill Lynch's Thundering Herd--it has 14,800 brokers.... Read more...

CIT chief executive Jeffrey Peek has become the latest big-name CEO to step down amid the gargantuan credit crunch that has proved the undoing of so many top executives. The list is worth reviewing:... Read more...

Wachovia's decision to buy Golden West Financial for $24.5 billion back in May 2006 was controversial from the start. Even then, shareholders were convinced that Wachovia was hideously overpaying.... Read more...