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Wachovia Corporation, formed with the 1911 merger of Wachovia National Bank and Wachovia Loan and Trust and incorporated in 1967, provides clients with investment banking, capital management, mortgage lending, and other financial services. The company offers individual and business customers checking, savings, retirement account, credit card, insurance, escrow, tax, education loan, online brokerage, and other services. The firm manages over $500 billion in assets. Wachovia is based in Charlotte, North Carolina. It has financial services offices in 21 states. The company also maintains 40 international offices. The Wachovia Securities LLC brokerage unit operates offices in 48 states and across the Americas. Wachovia provides clients in the United States with mortgage lending services. It provides customers in 46 states with automobile financing services. Wachovia merged with First Union Corporation in 2001. It acquired Golden West Financial Corporation and Ameriprise Financial Incorporated's defined contribution tracking unit in 2006. It acquired a majority interest in European Credit Management Limited (ECM) in 2007. The firm is listed on the New York Stock Exchange under the WB symbol. It also is listed on the S&P 100.
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