Wachovia Corporation News

Before Wachovia takes off from the now-defunct jet operation it leased for years, the bank's landlord - the city's taxpayers - will pay more than $3 million for the empty buildings left behind.

Wachovia's north Charlotte child care center will be laying off its entire staff following Wells Fargo's elimination of a tuition subsidy, the Charlotte Observer reports.

Inspiration can be found in almost every situation. Just ask Nicole Sinclair. When the Charlotte, N.C., stylist's husband of eight years was laid off from Wachovia last November, the couple had a "light bulb moment," she says.

North Carolina Bank & Trust notched a small coup in the commercial-lending ranks this week, hiring a pair of former Wachovia Corp.

You can cross Robert Kelly off the list of potential Bank of America CEOs. According to The Wall Street Journal , Kelly, the CEO of Bank of New York Mellon , passed on BofAa s overtures to replace Ken Lewis when he steps down as CEO at the end of the year.

Bryn Mawr Bank Corp.'s acquisition of First Keystone Financial Corp. might not be on the same level as Wells Fargo & Co.

The Wachovia Corp. child care center in north Charlotte plans to lay off its entire staff, a few months after learning Wells Fargo & Co.

Bank of New York Mellon Corp CEO Bob Kelly told the bank's senior managers he is not interested in the top job at Bank of America Corp , defusing speculation that he would leave his current post.

Tags: American Bankers Assn , American Express , Bank of America , Barney Frank , Counsel Alvarez , Fed Audit , Federal Reserve Transparency Act , Lobbying , Mel Watt , Policy , Tom Woods , Tyler Durden , Wachovia Corp , Zero Hedge This is a guest post from Tyler Durden at Zero Hedge .

Police are looking for a man who they say attacked and robbed women depositing money at two south Charlotte banks Sunday.

Troubled megabank Bank of America Corp. may have the desire to hire from outside to replace outgoing CEO Ken Lewis, but evidently no one wants the job .

James D. "Buddy" Kourouklis has joined StellarOne as a senior vice president and corporate banking manager at the Lassen Lane office in Fredericksburg.

Charlotte has witnessed just about every kind of bank merger: The hostile takeover, the reverse acquisition, the merger of equals and so on.

They've argued over tax increases and streetcars. But Anthony Foxx and John Lassiter, candidates for mayor of North Carolina's largest city, agree on one thing: The new leader's priority should be turning around the faltering local economy.

It is clear that both Anthony Foxx and John Lassiter think that whatever the Uptown paper of record says becomes fact.

City comptroller and Democratic mayoral candidate Bill Thompson and his wife Elsie McCabe received three loans totaling $1.4 million from Amalgamated Bank , which calls itself "the labor bank" and does a multi-billion dollar business with his office, the Voice has learned.

Wells Fargo & Co. , which became Philadelphia's largest bank when it bought Wachovia Corp.

Credit Suisse Group reported 2.4 billion Swiss franc in net income during the third quarter Thursday as it continued strengthening its position following losses caused by the economic crisis.

Wells Fargo & Co. posted a record third-quarter profit by limiting loan defaults and wringing costs from Wachovia Corp.

Charlotte-Mecklenburg police are investigating two missing person cases, one of which involves the disappearance of a young child.