This is a transcript of the Morning Update Business View video report. ... New York - Here's what's making news Monday. M&A mania continues. Shares in Oakland, Calif.-based Golden ...
http://www.forbes.com/markets/2006/05/08/wachovia-fisher-apple-cx_ab_0508video1.html?feed=rss_tickers
... the Charlotte-based bank dropped 7 percent the day that the deal was announced, and several analysts downgraded Wachovia's stock. But there was more to the deal than adding Golden ...
http://www.nctimes.com/articles/2007/05/05/business/news/11_26_085_4_07.txt
Adding to its rapidly expanding West Coast holdings, Wachovia agreed Monday to pay $25.5 billion for Oakland, Calif.-based Golden West Financial Corp., its largest-ever purchase.
http://www.thedeal.com/dealscape/2006/05/dealwatch_wachoviagolden_west.php
Adding to its rapidly expanding West Coast holdings, Golden West was Wachovia's fifth significant deal in then-recent months as it has looked for ways to expand its presence in ...
http://www.thedeal.com/newsweekly/dealwatch/wachovia.php
Wachovia largely operates in the eastern and southern United States. Adding Golden West would markedly increase Wachovia's presence in California, which it entered on March 1 when ...
http://money.cnn.com/2006/05/07/news/companies/goldenwest_reut/index.htm
Golden West ... Wachovia is expanding its retail and wholesale banking ... And we?ll continue growing by adding 30-50 new branches ...
http://wwwcte.wachovia.com/inside/page/0,,131_6338_6994,00.html
... Wachovia ignored the risks in Golden ... Golden West was a business built on adjustable-rate mortgages. Even though analysts questioned Wachovia's chief financial officer, Tom Wurtz, about the prudence of adding ...
http://www.marketwatch.com/news/story/wachovias-golden-west-dreams-turn/story.aspx?guid=%7B613F3C98%2D6461%2D42E4%2DA3BD%2DDE45AEEBFDC4%7D
Wachovia is expanding its retail and wholesale banking ... And we?ll continue growing by adding 30-50 new branches ... Golden West; Westcorp; SouthTrust. Press Releases ; Presentations ...
http://www.wachovia.com/inside/page/textonly/0,,131_6338_6994,00.html
Adding Oakland-based Golden West, which operates World Savings Bank, gives Wachovia 285 new branches and makes it a major competitor in California to such rivals as Bank of America ...
http://articles.latimes.com/2006/jun/15/business/fi-wrap15.1
... commercial banking subsidiaries and other businesses -- triggered the golden parachutes of Wachovia ... You're now required to have a registered username and account before adding a ...
http://www.philly.com/philly/blogs/inq-phillydeals/Citi_Wells_deal_gives_Wachovia_execs_225M_golden_parachute.html
When Wachovia Corp. acquired World Savings Bank and its parent company Golden West Financial Corp. in October 2006, the company inherited some key properties in San ...
http://www.mysanantonio.com/business/MYSA050208_02C_WachoviaLand0502_ART_G_2ff47fa_html.html
... chief executive, nevertheless said the integration of Golden West remains "on track." Wachovia shares ... Adding Golden West helped boost consumer and business banking profit 41% to ...
http://www.cnbc.com/id/18132425
... Golden West, to Wachovia ... Wachovia could lose close to $15 billion, or 12%, of the loan portfolio it acquired from Golden West. "It's a very high loss rate," Mr. Harralson said, adding ...
http://www.nysun.com/business/founders-of-news-site-involved-in-mortgages/82638/
Wachovia Corp. has restated its first-quarter net loss, adding nearly 80 percent ... housing market, particularly in Florida - and in California, where Wachovia subsidiary Golden West ...
http://www.bizjournals.com/triangle/stories/2008/05/05/daily11.html?f=et85&ana=du_B
Wachovia 3Q loss paves way for Wells deal ... its $25 billion acquisition of mortgage lender Golden West ... Andrew Marquardt, an analyst at Fox-Pitt Kelton, adding ...
http://www.wtopnews.com/?nid=111&sid=1501831
No single event precipitated Wachovia's decision, Smith said, adding that while the bank isn't ... him industry acclaim, giving Thompson credibility as Wachovia bought Golden West ...
http://www.bloomberg.com/apps/news?pid=20601087&sid=a5SC40XXcpNs&refer=home
Since then, Wachovia has touted Golden West's strict underwriting standards and its historically low ... systems taking hit in investment portfolios; Apartment plan for NoDa is adding ...
http://charlotte.bizjournals.com/charlotte/stories/2007/09/17/story9.html?f=et143&b=1190001600^1520468&ana=e_vert
WB) acquired Oakland, Calif.-based Golden West Financial Corp. and its World Savings ... In buying World Savings, Wachovia is adding about $140 billion in assets.
http://southflorida.bizjournals.com/southflorida/stories/2006/11/13/story8.html
Wachovia Bancorp, the nation's fourth-largest bank, bought Oakland-based Golden West ... Wachovia is adding a new branch at 19th and S streets in Sacramento by the end of this year ...
http://sacramento.bizjournals.com/sacramento/stories/2007/10/15/story11.html
... years after an ill-timed acquisition of California mortgage lender Golden West Financial Corp., Wachovia ... aggressively into the booming home-lending business while also adding ...
http://news.yahoo.com/s/ap/20080602/ap_on_bi_ge/wachovia_ceo |
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