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Reload this Page Wachovia/Morgan Stanley (Charlotte, Earl: best, money, businesses)
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Old 09-17-2008, 03:46 PM
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Default Wachovia/Morgan Stanley
Did anyone just see the breaking news on CNBC that Morgan Stanley is considering a merger with Wachovia? Earlier they said Morgan Stanley received a call from Wachovia.

I'd love hearing everyone's perception regarding that.
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Old 09-17-2008, 04:14 PM
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I guess after the last few years the whole Wachovia/Wells Fargo thing can finally be put to rest?
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Old 09-17-2008, 04:23 PM
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Can't put Wells Fargo/Wachovia to rest yet:

Wachovia merger speculation heats up - Orlando Business Journal:
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Old 09-17-2008, 07:07 PM
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If Wachovia teamed up with an investment bank, that would be best for Charlotte, as opposed to hooking up with another bank. Wachovia Securities is based in St. Louis and still has major operations in Richmond after the AG Edwards merger. Both BofA and Wachovia have done a good job of spreading out their operations over the years.

Here are some related articles:

Mound City Money » Blog Archive » Wachovia reportedly in talks with Morgan Stanley

WB Brokerage boss defends merger: Wachovia Securities CEO: Changes felt in Richmond will help the firm survive
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Old 09-17-2008, 08:52 PM
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Default No Wells Fargo
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Originally Posted by BrianH1970 View Post
I guess after the last few years the whole Wachovia/Wells Fargo thing can finally be put to rest?
Brian, that has been put to rest years ago by the upper mgmt of WB. The cultures of the two banks are just too different and there really would be a (serious) clash in the way the businesses are run.
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