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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2585 |
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Wachovia's public image is reinforced through their generous contributions, with more than $85 million given to charitable organizations, and an additional $19 billion to community development loans and investments (Wachovia.com).
The acquisition of other companies is one of the primary methods that Wachovia has used to grow its numbers and can be considered a strength in regard to how these mergers have expanded the company's reach into the banking and securities markets...
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Among its most recent mergers were First Union in September of 2001 which added to Wachovia's banking customer base. The acquisition of Prudential Securities in July of 2003 has given Wachovia a significantly increased presence in the Securities market, which now ranks third in terms of client assets and number of brokers (Wachovia...
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