Wednesday, June 1, 2011

Moore & Van Allen hires former Wachovia lobbyist WFC to Acquire Castle Pines Capital Analyst Blog Wells Fargo ready convert Northeast Florida locations Law Disorder Evicted man wanted in torching of ATM Arrest warrant out on Jacksonville bank arson MELISSA LYTTLE | Times Close Transition branches Maryland become Targeted by SEC Over Sale CDOs Watch Bank Standoff Earnings Four Themes Revamps Wealth Team stagecoach rolls into the region Homeless Robber Passes Out Stolen Money Bus [Crime] Rajaratnam jury hears wiretaps exGoldman director Random Ridiculousness Man Robs Hops On The And Hands To Passengers had one 'Hill' a nerve Two men rob branch Brooklawn 5 Reasons U.S. Won't Face Lost Decade

(By Rick Rothacker, rrothacker@charlotteobserver.com) Charlotte law firm Moore & Van Allen has hired a former Wachovia Corp. and U.S. Bancorp lobbyist as managing director of government affairs. Walter Price will co-lead the practice with Moore & Van Allen partners Nancy Smith and John Saydlowski. Price most recently was at U.S. Bancorp, where he opened the Minneapolis-based bank's first Washington office. Before serving as director of government relations at Wachovia from 2002 to 2010, he worked at Bank of America Corp. In an effort to expand its business and add channel financing capabilities, WFC is set to acquire its strategic partner, Castle Pines Capital. As Wells Fargo counts down to stamping its name on Wachovia's banks and customer accounts throughout Northeast Florida, bank officials say they have learned from the bumps that occurred during the transition in other states. But while Florida customers won't have to exchange their Wachovia ATM cards for Wells Fargo cards - as customers had to in some other states - those who used Wachovia's online banking services will be required to sign up for Wells Fargo's site. read more An arrest warrant has been issued for a Jacksonville man suspected of torching an ATM on Monday morning outside a Wachovia bank at 840 University Blvd. N. after he was told he couldn't take any money out of an old account. The state Bureau of Fire and Arson Investigation confirmed the warrant for Wesner Jean, 58, charging first-degree arson to an occupied structure. read more An arrest warrant has been issued for a Jacksonville man suspected of torching an ATM Monday morning outside a Wachovia bank at 840 University Blvd. N. after he was told he couldn't take any money out of an old account. The state Bureau of Fire and Arson Investigation confirmed the warrant for Wesner Jean, 58, charging first-degree arson to an occupied structure. read more **By Jeff Harrington, Times Staff Writer** Friday, May 20, 2011 Coming soon to a bank near you: the Great Summer Switch. In a matter of weeks, three longtime bank brand names in the bay area will go away for good, with new signage, stationary and ATMs reflecting the name of the big bank that bought their branches. Out with Wachovia, Mercantile and BankAtlantic; in with Wells Fargo, TD Bank and PNC. So, will the scramble for brand recognition result in better deals for bank customers? Don't count on it. Fees may in fact be higher, lending terms likely won't be any less stringent and -- for the patient savers out there -- it will take more than a handful of new banks to push up anemic CD rates. "Around the time they change the signs is also about the time they blend two pricing platforms into one," said Greg McBride ... Wells Fargo & Company announced that it will complete the transition of the remaining Wachovia signs and systems into WFC by mid-October 2011. Wachovia branches in Maryland to become Wells Fargo The SEC is preparing to bring civil charges against Wachovia for allegedly overpricing mortgage-bond deals. 19-year-old gunman Devon Mitchell walks into N.C. bank and takes hostages. Four themes to watch in Wells Fargo's first-quarter earnings report, which is due Wednesday morning. Wells Fargo alters its internal structure to restructure its wealth management division, according to a Bloomberg report. A white tarp, emblazoned with Wachovia's blue-and-green emblem, covers the pylon sign that for years hailed drivers on Old Dominion Drive to the bank branch in McLean. The crimson outline of Wells Fargo's insignia peeks beneath the canvas, teasing the rebranding efforts underway in the Washington area. The McLean branch is one of 175 locations in Virginia in recent weeks to have its sign swapped out and shrouded as the Wells Fargo stagecoach rolls into the region. All vestiges of Wachovia in Virginia will disappear by August, and in Maryland and the District by September, officially making Wells Fargo the largest bank in the Washington area. Read full article >> Elmer McGuirt entered a Tampa-area Wachovia branch yesterday afternoon with a threatening note, and walked out with a bag of the bank's money. More » NEW YORK (Reuters) - Hedge fund manager Raj Rajaratnam was told in mid-2008 of boardroom talks at Goldman Sachs about whether takeovers of Wachovia Corp or AIG made sense, jurors heard at his criminal trial. Wait, what??? > A homeless man robbed a bank, hopped on a bus and handed out stolen cash to passengers before being caught, deputies said Thursday. > > Just before 4:30 p.m., Elmer McGuirt, 27, walked into the Wachovia Bank at 13304 Bruce STERLING, Va. -- Authorities say a man wearing what appeared to be a Hillary Rodham Clinton mask knocked over a Sterling bank. The Loudoun County Sheriff's Office says the robbery occurred at a Wachovia Bank branch in the 47000 block of Community Plaza at about 9 a.m. Monday... BROOKLAWN — The Wachovia bank branch here was robbed by two masked men, Camden County Prosecutor Warren W. Faulk and Brooklawn Police Chief Francis McKinney reported Wednesday. The men entered the bank branch on U.S. Route 130 in the Brooklawn Shopping... Worried about a Japanese-style lost decade? Don't be, says the Goldman Sachs January 2011 Outlook,…
Key Words: wachovia

References:
http://www.charlotteobserver.com/2011/05/31/2340522/moore-van-allen-hires-former-wachovia.html
http://www.zacks.com/stock/news/54225/WFC+to+Acquire+Castle+Pines+Capital
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