Wachovia Corporation, based in Charlotte, North Carolina is one of the largest banking chains in the United States. Wachovia is a diversified financial services company that provides a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. It is one of the largest providers of financial services in the United States, operating as Wachovia Bank in 22 states from Connecticut to Florida and west to California. It also serves retail brokerage clients under the name Wachovia Securities nationwide as well as in six Latin American countries, and investment banking clients in selected industries nationwide. Wachovia provides global services through more than 40 offices around the world.
Wachovia agreed to purchase Golden West Financial for $24.2 billion on May 8, 2006. This acquisition would give Wachovia an additional 285-branch network spanning 10 states, including California. Wachovia has long desired to raise its profile in California, where Gol