The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Banking > Banking - Southeast > First Union Corporation

First Union Corporation
NYSE: FTU
Change
symbol:
     
 NEWS FROM THE WIRES
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
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
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
Bank of America Corporation (BAC)
Citigroup Inc. (C)
FleetBoston Financial Corporation (FBF)

 DEALS
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

 STOCK ANALYSIS
 View by:
 Day 
 Day 
 Month 
 Month 
 Year 
 Year 
FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
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
• G. Kennedy Thompson
    CEO
• Robert P. Kelly
    CFO

 CONTACT INFO
1 First Union Center
Charlotte, NC 28288
US
Phone: 704-374-6565
Fax: 704-374-3425
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001