Company overview

Wachovia Corporation (Wachovia or 'the company') is a diversified financial services provider. It provides commercial and retail banking, mortgage banking, investment banking, investment advisory, asset management, leasing, insurance, retirement services, and securities brokerage services. The company primarily operates in the US. It is headquartered in Charlotte, North Carolina and employs 121,890 people.

The company recorded revenues of $31,427 million in the fiscal year ended December 2007, an increase of 5.1% over 2006. The operating profit of the company was $9,344 million in the fiscal year 2007, a decrease of 21.4% over 2006. The net profit was $6,312 million in the fiscal year 2007, a decrease of 19% over 2006.

Key facts

New York ticker: WB

No. employees: 121890

Turnover: 31,427,000,000 (USD)

Financial year end: December

Summary

• Key facts
• Overview
• Business Description
• History
• Key Employees and Biographies
• Location and Subsidiaries
• Top Competitors
• Major Products and Services

SWOT Profiles

This SWOT analysis company profile is the essential source for top level data and information. The report examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.

Scope of this research

• Provides all the crucial company information required for business and competitor intelligence needs.
• Contains a study of the major internal and external factors affecting the company in the form of a SWOT analysis as well as a breakdown and examination of leading product revenue streams.
• Data is supplemented with details on the company's history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.

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