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Wachovia Corporation - Company Profile Snapshot

Company Profile: Wachovia Corporation
Ticker: WB
Exchanges: NYSE
2007 Sales: 55,528,000,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 121890

Business Description
Wachovia Corporation. The Group's principal activity is to provide commercial and retail banking and trust services. The Group also provides financial services, including mortgage banking, investment banking, investment advisory, home equity lending, asset-based lending, leasing, insurance, international and securities brokerage services. The Group's four reporting segments are General Bank, Capital Management, Wealth Management, the Corporate and Investment Bank. The Group operates in Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Maryland, Mississippi, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and Washington. The Group has foreign branches in Frankfurt, Hong Kong, London, Seoul, Shanghai, Singapore, Taipei and Tokyo.

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