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Banks: Wachovia

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Wachovia - one of the largest banking networks, the fifth largest U.S. bank by market capitalization. Wachovia is a Fortune 1000, occupying 58 positions in 2006.

The bank provides a consumer banking services (banking, loans to private persons and legal entities, issuing credit cards), and asset management services, investment banking, wealth management. The Bank operates in 21 states of the USA and 6 countries in Latin America. Wachovia has 40 offices worldwide.

In connection with the financial crisis mortgage lending, the bank suffered significant losses. October 10, 2008, the bank's management has agreed to merge with a bank Wells Fargo, worth $ 15 billion.

Official site: www.wachovia.com

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