49 results about this entity
Period: 14 Sep 2004 - 05 Jul 2010
News
West Coast bank Wells Fargo says it expects to incur merger integration costs of $10 billion as it agrees a deal to acquire Wachovia, snatching the North Carolina-based bank from under the nose of FDIC-approved suitor Citi.
03 October 2008
Citigroup is targeting $3 billion of consolidation synergies from its acquisition of debt-hit bank Wachovia under a loss-sharing deal brokered by the Federal Deposit Insurance Corporation (FDIC).
29 September 2008
The US Office of the Comptroller of the Currency (OCC) has updated risk management guidance for banks dealing with third party payments processors working for merchant clients following its probe into a scam at Wachovia which found that a lack of oversight and control allowed telemarketers to swindle thousands of elderly customers.
29 April 2008
US electronic payments association Nacha has formed a new work group that will develop an ACH payment platform strategy and guidelines for mobile banking.
13 December 2007
The number of US customers using mobile banking services will accelerate over the next five years, rising from 1.1 million in 2007 to more than 40 million by 2012, according to forecasts from TowerGroup.
14 November 2007
US banking group Wachovia has introduced a single sign-on capability for its online global treasury management portal, Wachovia Connection, eradicating multiple silos in favour of a common front-end entry point for corporate clients.
26 October 2007
UK banking group Lloyds TSB has outsourced its trade back office processing operations to US bank Wachovia.
28 September 2007
US banking group Wachovia is using podcasting technology to deliver financial content to its corporate and institutional clients.
20 August 2007
US banking group Wachovia is teaming with BPO vendor Genpact to open an offshore customer services call centre in the Philippines in early 2008.
20 June 2007
US banking group Wachovia is piloting Cisco TelePresence, a video conferencing and collaboration system that enables virtual face-to-face meetings across multiple locations.
05 June 2007
California-based SuccessFactors says US bank Wachovia is rolling out its Web-based on-demand performance management software to over 100,000 employees.
18 April 2007
Monitise, the mobile banking subsidiary of UK IT services group Morse, is teaming with American fintech vendor Metavante to launch and operate a wireless payments and banking network in the US.
27 March 2007
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