FACTOID #53: If you thought Antarctica was inhospitable, think again - its land area is only ninety-eight percent ice. Reassuringly, the other 2% is categorised as "barren rock".
First Union Corporation was a large banking chain based in Charlotte, North Carolina. It acquired Wachovia Corporation in 2001, and the combined company kept Wachovia's name. First Union logo, claiming fair use This is a copyrighted and/or trademarked logo. ... For other places or people named Charlotte, see Charlotte (disambiguation). ... Wachovia Corporation (NYSE: WB), based in Charlotte, North Carolina is one of the largest banking chains in the United States. ... 2001: A Space Odyssey. ...
First Union National Bank of North Carolina was originally formed in 1958 with the merger of Union National Bank and First National Bank and Trust Company of Asheville. Over the decades, First Union acquired over 80 other banks, and became one of the largest banks in the United States in 2000 when an acrimonious public competition ensued between Wachovia and Atlanta, Georgia-based SunTrust Banks. State nickname: Tar Heel State Other U.S. States Capital Raleigh Largest city Charlotte Governor Michael Easley (D) Official languages English Area 139,509 km² (28th) - Land 126,256 km² - Water 13,227 km² (9. ... 1958 was a common year starting on Wednesday of the Gregorian calendar. ... Asheville City Hall. ... This article is about the year 2000. ... Atlanta is the capital and largest city of Georgia, a state of the United States of America. ... SunTrust Banks, Inc. ...
Three of the tallest skyscrapers in Charlotte carried First Union's name, and now have Wachovia's name. Naming rights to the First Union Center in Philadelphia, Pennsylvania were also assumed by Wachovia. Taipei 101, the worlds tallest skyscraper by roof height on high rise. ... For other places or people named Charlotte, see Charlotte (disambiguation). ... The Wachovia Center (formerly known as the CoreStates Center and the First Union Center) is an indoor arena located in Philadelphia, Pennsylvania. ... Independence Hall Philadelphia (sometimes referred to as Philly or the City of Brotherly Love) is the fifth most populous city in the United States and the largest city in the state of Pennsylvania, both in area and population. ...
FirstUnion had assets of $252.9 billion in the most recent quarter, while Wachovia had assets of $71.8 billion at the end of 2000.
FirstUnion made about 90 acquisitions to grow into a major bank in recent decades, but this would be the first major deal under Thompson, who assumed the bank's top job last year.
FirstUnion on Monday reported first-quarter operating profit of $610 million, or 62 cents a share.
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