Wachovia earnings hurt by credit market
Story date: 2007-10-19 09:35:00
Added on: 2007-10-19 11:00:07
CNN Money - Investors expressed concern then, and continue to do so today, skeptic if the bank's $24 billion purchase last year of one of the country's largest mortgage lenders was a smart bet. But bank executives say the doubters are wrong and insist the ...
Read more...
Related Stories:
-
FED CAN'T BANK ON WACHOVIA MERGER - New York Post
Acquiring Wachovia, the troubled bank, will not be easy - or cheap - no matter what CEO Robert Steel says. The executive...
2008-10-14 04:44:00 -
Wachovia says Golden West doing OK
US News and World Report - That's still just 1 percent of the bank's outstanding residential mortgage portfolio, which is worth more...
2007-09-04 12:44:00 -
Wachovia Upbeat On Takeover Of Mortgage Lender
Hartford Courant - That's still just 1 percent of the bank's outstanding residential mortgage portfolio, which is worth more than all the...
2007-08-26 07:02:00 -
Wachovia's Steel Faces Lending Challenge; Stock Gains (Update1) - Bloomberg
July 23 (Bloomberg) -- Wachovia Corp. Chief Executive Officer Robert Steel , in the job only two weeks, drove up the bank's...
2008-07-23 03:43:00 -
Wachovia latest hit by home loan loss
Chicago Tribune - Wachovia latest hit by home loan loss Value of securities drops by $1.1 billion Associated Press November 10, 2007...
2007-11-09 11:55:00 -
Wachovia agrees to Wells Fargo purchase (Denver Post)
NEW YORK — In an abrupt change, Wachovia said today it agreed to be acquired by Wells Fargo & Co. in a...
2008-10-03 06:58:49 -
BofA, Wachovia report major profit drop
USA Today - Some of the losses were attributable to the former Golden West Financial, a California mortgage specialist that Wachovia bought...
2008-01-22 12:33:00 -
Longtime Wachovia stockholders take bank's buyout personally (The Charlotte Observer)
Charlotte Eddings has heard all her life not to get emotionally involved with her investments. But consider how she came to own...
2008-10-12 04:00:11