Topic: Wachovia Corporation
Wells Fargo swings to Q4 profit; fee income rises
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - Wells Fargo &amp; Co &lt;WFC.N&gt; swung to a fourth-quarter profit on a pickup in fee income, even as it repaid $25 billion in bailout funds to the U.S. government.</p><p ...
Prudential closes $4.5 billion brokerage stake sale
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - Prudential Financial Inc &lt;PRU.N&gt; said on Thursday it completed the planned sale of its minority stake in a retail brokerage to Wells Fargo &amp; Co &lt;WFC.N&gt; for $4.5 billion ...
Prudential sees $1.5 billion gain from Wachovia sale
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - Prudential Financial Inc &lt;PRU.N&gt; said on Wednesday it expects the sale of its minority stake in Wachovia Securities to produce a $1.5 billion after-tax gain.</p><p>Wells Fargo &amp ...
Wells Fargo stock offering to raise $12.25B
AP News
<div id="subtitle">Wells Fargo stock offering to raise $12.25B toward repaying $25B in bailout money</div><div><p>Wells Fargo &amp; Co. said Tuesday that a stock offering planned for later this week should raise $12.25 billion that ...
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