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Home > Company Index > Banking > Banking - Southeast > First Union Corporation
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First Union Corporation |
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NEWS FROM THE WIRES |
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Wachovia says 60 percent of its stock voted for deal Aug 23 2001 01:45 PM PDT
Black farmers press "new Wachovia" on farm lending Aug 20 2001 03:00 PM PDT
Wachovia bought First Union shares during bid Aug 15 2001 12:52 AM PDT
National Commerce snaps up 37 bank branches Aug 13 2001 02:25 PM PDT
WRAPUP 2-Latam markets dip on Argentine loan watch Aug 13 2001 02:25 PM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Unemployment Drops Unexpectedly
Jun 01 2001 07:13 AM PDT
A Quiet Day
May 14 2001 02:44 PM PDT
The Fed Not a Sure Thing
May 14 2001 09:13 AM PDT
Mixed Monday
Apr 16 2001 08:30 AM PDT
Building a Better Bank
Jan 16 2001 12:00 AM PST
PROFILE |
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We're #6! We're #6! While not top dog of the banking world (Citigroup is #1 in the US), First Union is making some noise with its planned acquistion of North Carolina-based regional bank Wachovia. First Union boasts more than 2,100 branches in 11 eastern states and Washington, DC and also competes in the financial services marketplace by offering such products and services as securities brokerage, corporate finance, insurance products (life policies and annuities), and the Evergreen family of mutual funds. After restructuring, the company has unloaded its credit card and mortgage servicing businesses and shut down mortgage lender The Money Store after acquiring the firm in 1998.
COMPETITION |
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Bank of America Corporation (BAC)
Citigroup Inc. (C)
FleetBoston Financial Corporation (FBF)
DEALS |
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Deal: Event Zero Raises $20 Million
Date Announced: 09.11.00
Value of transaction (US $Mil): 20
Description: Web and wireless development company raises round of funding.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 24,246.00
1-Yr. Sales Growth: 9.8%
Employees: 71,262
Revenue per employee: $340,237.43
KEY PEOPLE |
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G. Kennedy Thompson
CEO
Robert P. Kelly
CFO
CONTACT INFO |
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1 First Union Center
Charlotte, NC 28288
US
Phone: 704-374-6565
Fax: 704-374-3425
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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