Wachovia Corporation

49 results about this entity

Period: 14 Sep 2004 - 05 Jul 2010

Former bank IT man pleads guilty to $1m ID theft scam

A computer technician has pleaded guilty to stealing the personal information of 2000 former colleagues at the Bank of New York Mellon and using it to pilfer over $1.1 million from charities, non-profit groups and other institutions.

First Data hires Wachovia's Boehm to lead financial services innovation

First Data has hired Wachovia veteran Steve Boehm as senior vice president leading global product management and innovation at its financial services division.

Former bank computer technician charged in $1m ID theft scheme

A computer technician has been charged with stealing the identities of more than 150 former colleagues at the Bank of New York Mellon and using the information to pilfer over $1.1 million from charities, non-profit groups and other institutions.

PayPal raids banking sector

PayPal has added three banking veterans - Wachovia's John McCabe, Citi's Ed Eger and Renier Lemmens from Barclays - to its executive team.

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

Bernanke hit by ID theft gang - Newsweek

US Federal Reserve chief Ben Bernanke has fallen victim to an identity fraud ring accused of hitting hundreds of people and stealing more than $2.1 million, according to Newsweek.

Bank teller corruption link to multi-million dollar NY cheque fraud scam

New York prosecutors have indicted 18 people for operating an identity theft and bank fraud scheme that saw counterfeit cheques used to steal at least $1.4 million from hundreds of victims.

Wells Fargo taps Twitter

Wells Fargo is the latest bank to launch a Twitter feed, where customers can ask questions and seek advice.

Programming problems led to $1.1m fine for former Wachovia units

Two former Wachovia units have been fined $1.1 million by the Financial Industry Regulatory Authority (Finra) after computer programming problems meant they failed to provide more than 800,000 required notifications to customers.

Bank of America taps Twitter

Bank of America has become the latest financial institution to tap micro-blogging site Twitter, launching a feed to provide advice and help to customers.

Firefox users targeted by bank password stealing Trojan

A Trojan masquerading as a Mozilla Firefox plugin to steal online bank passwords has been found by Romanian security firm BitDefender.

Mergers to shake up US e-banking market - comScore

The wave of financial mergers in the US will result in a shake up of the Internet banking market, but Bank of America will continue to have the most online customers, according to figures from Web metrics firm comScore.