Tom is one of the most astute financial professionals I have ever known. We are incredibly fortunate to have an individual with Tom's talents assume the responsibilities of CFO for Wachovia.
Quotes about wachovia (16 Quotes)
We have a binding legal agreement with Wachovia that we intend to vigorously pursue to consummation, ... We plan to continue the constructive merger integration dialogue which we've had over the past month and look forward to completing our merger with Wachovia.
It is a quarter marked by negative operating leverage, but Wachovia has a strong business model and earnings power. They had nice expansion of net interest margin, and have a great deposit base.
Today's outcome is a tremendous victory and a major milestone within the merger process, ... It is clear that Wachovia shareholders have strongly endorsed the compelling strategic rationale behind the Wachovia-First Union combination.
I think companies that are selling at the lower PEs, obviously, carrying some question marks in investors' minds, are the ones that you vote for here. So, Wachovia Bank, for example, looks interesting to us, ... But, generally, I think the lower priceearnings multiple financials are where you want to look right now. The quality merchandise has been bid up. And I think this spread right now says move from the quality financial down scale a little bit for the lower-priced ones.
Wachovia is an interesting case. They came from behind in last year's study. They had a redesign and a very effective one. They made their categories and links clear, simplified page layout and design and made the site easy to read and understand, not too cluttered, not too many graphics.
Mark's perspective and knowledge will enhance our capacity to provide the high level of support required to operate and grow one of the nation's leading brokerage organizations, and a core business of Wachovia Corporation.
The gift is a testament to the common interest of the Moore School of Business, the university and Wachovia to increase student diversity through innovative recruiting and retention programs.
After many years of broadcasting games there, Campbell is well-acquainted with the magic the Palestra holds. There's something about the place when you walk in the door, ... IT dates back to the days of the depression when it was built, and it's never changed very much. No one's ever tried to make it state of the art. It is what it is. We have brand new stadiums all over Philadelphia - we have a new baseball park, a new football park, we have the Wachovia Center - but people still love going to the Palestra. There's something about walking in the doors of the Palestra.
The only way we can overcome the tragedy of an immense disaster like this one is by pulling together as a nation and doing all we can to help out our fellow citizens in great need, ... The people of Louisiana, Mississippi and Alabama are not alone. Like the rest of our nation, the people of Wachovia want to lend them a helping hand so they can begin rebuilding their lives and their communities.
At Wachovia, we don't keep that hold against their available balance, ... You could say we vouch for the hold amount.
Jerry is an extraordinary leader who has the experience and talent to help propel this division forward. He is known among his peers and team as a thoughtful and analytical leader who brings a strong base of diverse banking experience to the role. I am confident that Jerry will continue to manage this division efficiently and partner effectively with other Wachovia leaders to support our customer service and business growth goals. We are incredibly fortunate to have an individual with Jerry's talents assume this position for Wachovia.
The Drake home was where Wachovia bank is now. Both Mom and Dad were natives of Hendersonville. Her family operated Drake General Store and of course my family had the cleaners, although my great-grandfather had a store on Main Street at one time.
Wachovia and Bank of America compete head-to-head for deposit account customers in critically important states. It's simply untenable for Wachovia to continue to cede the credit card account relationship to Bank of America once that company takes over MBNA.
If, indeed, Wachovia did pull out, that would certainly cause some people concern. It reduces the number of potential bidders and people assume that reduces the likelihood of a deal.
We have made significant progress toward completing the regulatory approval process, and we look forward to seeing the results from the Wachovia shareholder meeting later this week,