Wachovia Corporation News

The FBI said the armed man who robbed the Bank of Granite on Providence Road Friday morning is the same man known as the Bearded Bandit.

Wells, based in San Francisco, purchased Wachovia Corp. last year in the wake of that bank's collapse.

The slump in the automobile industry has prompted job cuts at a Wells Fargo servicing center for auto financing, with about 50 people losing their jobs.

McClatchy & Co., one of the companies hardest hit by the crisis in the newspaper industry, was honored Monday for its coverage of the economic meltdown.

Triangle joblessness rose again in May as the pain of this recession continued to spread across industries.

Embattled Houston financier Robert Allen Stanford has pleaded not guilty to charges that he ran a multibillion dollar Ponzi scheme.

Federal Reserve Chairman Ben Bernanke told a congressional panel Thursday that the Fed had asked Bank of America Corp.

After months of belt tightening during the global recession, some financial security professionals expect improved funding for security projects over the next six months.

Most U.S. stocks rose for a second day amid growing speculation the recession is easing, while energy shares declined with the price of oil.

John Stumpf of Wells Fargo hosted a breakfast kickoff to a three-day chamber of Commerce event.

Police said a man robbed a bank in North Charlotte Friday morning and then walked right into a police precinct.

Standard & Poor's has lowered its ratings on 22 U.S. banks, including Wells Fargo & Co.

When Gastonia's Carolina Commerce Bank agreed last week to merge with Carolina Trust Bank in Lincolnton, the deal barely merited mention in local banking chatter.

A Wachovia Corp. veteran who previously led community banking operations at the Charlotte-based bank has left the combined Wells Fargo & Co.

Pat Mumford joined the city staff in March after a 21-year career at Wachovia Corp.

Wells Fargo & Co. did not want a federal capital infusion last fall, but got one anyway.

The seemingly contradictory actions by the brass at Wells Fargo & Co. regarding the federal bailout have put the San Francisco company under a microscope.

Wells Fargo & Co., the biggest U.S. mortgage originator and biggest bank by deposits in Monmouth and Ocean counties, hasn't applied to regulators to repay funds from the U.S. Treasury's bank rescue fund, citing a desire to concentrate on absorbing its purchase of Wachovia Corp.

Moments before an interview about Wells Fargo Advisors ' new office here, Joel Glasco arranged a toy stagecoach on a desk for a photo-op. Then the little iron wheels fell off the tiny model.

Electronic payment processor First Data said Tuesday that Wells Fargo & Co. has expanded its card processing services agreement.