Wachovia

Wachovia, based in Charlotte, North Carolina, is a diversified, wholly owned financial services subsidiary of Wells Fargo. As an independent company, it was the fourth-largest bank holding company in the United States based on total assets. Wachovia is the name under which Wachovia Bank, N.A. and Wachovia Bank of Delaware, N.A. do business.
Wachovia Corporation was purchased by Wells Fargo on December 31, 2008, and it ceased to be an independent corporation on that date. Wells Fargo purchased Wachovia after a government-forced sale to avoid a failure of Wachovia.

Over the next three years, the Wachovia brand will be absorbed into the Wells Fargo brand. Wachovia Corporation's stock was traded on the New York Stock Exchange (NYSE) under the ticker WB.