Wachovia Announces Bank Subsidiary Divestitures to Citigroup
Wachovia Corporation to become a focused leader in retail brokerage and
asset management.
CHARLOTTE, N.C., Sept. 29 /PRNewswire-FirstCall/ -- Wachovia today announced intentions to sell its retail bank, corporate and investment bank and wealth management businesses to Citigroup. Wachovia Corporation will remain a public company with two main operating subsidiaries: Wachovia Securities, the nation's third largest brokerage firm, and Evergreen Asset Management, a leading provider of asset management services.
"During recent weeks, the financial landscape has changed significantly and presented us with unprecedented challenges," said Robert K. Steel, CEO and President of Wachovia. "Today's announcement is the best alternative for the company, enabling a resolution on the Golden West portfolio."
Under terms of the transaction, Citigroup will pay $2.1 billion to
Wachovia and assume the senior and subordinated debt of Wachovia
Corporation.
For the full story please visit: www.prnewswire.com
Showing posts with label NC. Show all posts
Showing posts with label NC. Show all posts
Monday, September 29, 2008
Friday, August 1, 2008
CHRIS PAUL CELEBRATES---AND IT'S FOR CHARITY! IN WINSTON SALEM!
Chris Paul's PBA Celebrity Invitational
by Copperhead on Thu Jul 17, 2008 3:13 pm
to be televised by ESPN on 10/19.
--- AND IT'S FOR CHARITY ---
Hornets All-NBA point guard Chris Paul will lead a group of players against professional bowlers in a special made-for-TV fundraising event this fall.
The first Chris Paul PBA Celebrity Invitational will be televised on ESPN. It will be taped for broadcast at the AMF Major League Lanes in Winston-Salem, N.C., on Sept. 20 and will air Oct. 19 to kick off the 50th Anniversary of Denny's PBA Tour season. The Invitational also marks the first time professional athletes from other sports will partner with professional bowlers for a bowling event with a dedicated telecast.
The event will be held in conjunction with the third annual Chris Paul's Winston-Salem Weekend, the signature fundraising event of the CP3 Foundation. Proceeds will benefit charities and programs in Winston-Salem and New Orleans.
"I am thrilled to have a PBA event be a major part of my charity weekend and bring some of the best bowlers in the world to Winston-Salem," Paul said. "I always tell people that I am a bowler first and a basketball player second, so I know this event will be an ultimate test of my bowling skills. There will certainly be a lot of bragging rights at stake among the NBA players who attend."
Paul will head up a field of five NBA stars who will team up with five PBA bowling stars to form five doubles teams consisting of one NBA celebrity and one pro bowler.
The NBA players are yet to be announced, but previous participants in Paul's charity weekend bowling event have included fellow All-Stars and Team USA members LeBron James, Dwyane Wade, Carmelo Anthony and Dwight Howard.
The Bowlers include current Player of the Year Chris Barnes. Tommy Jones, Jason Couch, Doug Kent and Mitch Beasley.
http://www.nola.com/hornets/t-p/index.s ... xml&coll=1
http://www.pba.com/news/feature.asp?ID=822
by Copperhead on Thu Jul 17, 2008 3:13 pm
to be televised by ESPN on 10/19.
--- AND IT'S FOR CHARITY ---
Hornets All-NBA point guard Chris Paul will lead a group of players against professional bowlers in a special made-for-TV fundraising event this fall.
The first Chris Paul PBA Celebrity Invitational will be televised on ESPN. It will be taped for broadcast at the AMF Major League Lanes in Winston-Salem, N.C., on Sept. 20 and will air Oct. 19 to kick off the 50th Anniversary of Denny's PBA Tour season. The Invitational also marks the first time professional athletes from other sports will partner with professional bowlers for a bowling event with a dedicated telecast.
The event will be held in conjunction with the third annual Chris Paul's Winston-Salem Weekend, the signature fundraising event of the CP3 Foundation. Proceeds will benefit charities and programs in Winston-Salem and New Orleans.
"I am thrilled to have a PBA event be a major part of my charity weekend and bring some of the best bowlers in the world to Winston-Salem," Paul said. "I always tell people that I am a bowler first and a basketball player second, so I know this event will be an ultimate test of my bowling skills. There will certainly be a lot of bragging rights at stake among the NBA players who attend."
Paul will head up a field of five NBA stars who will team up with five PBA bowling stars to form five doubles teams consisting of one NBA celebrity and one pro bowler.
The NBA players are yet to be announced, but previous participants in Paul's charity weekend bowling event have included fellow All-Stars and Team USA members LeBron James, Dwyane Wade, Carmelo Anthony and Dwight Howard.
The Bowlers include current Player of the Year Chris Barnes. Tommy Jones, Jason Couch, Doug Kent and Mitch Beasley.
http://www.nola.com/hornets/t-p/index.s ... xml&coll=1
http://www.pba.com/news/feature.asp?ID=822
Thursday, July 17, 2008
WHO's WHO IN BLACK CHARLOTTE- July 30, 2008
CHARLOTTE'S NETWORK EVENT OF THE YEAR
Date: Location:
Time: Wednesday, July 30, 2008
The Westin Charlotte 601 South College Street Charlotte , NC 28202
Networking Reception 6:00 p.m. - 7:15 p.m.
Hors d’oeuvres and Cash Bar
Official Book Unveiling Program 7:30 p.m. - 9:00 p.m.
FOREWORD BY JULIUS L. CHAMBERS
Mistress of Ceremonies - SONJA GANTT
Entertainment by Reggie Buie Trio
$50.00 Per Ticket includes a copy of WHO’S WHO IN BLACK CHARLOTTE™ THE INAUGURAL EDITION
Call (614)481-7300 or Order Online @ http://www.whoswhopublishing.com/
ALL MAJOR CREDIT CARDS ACCEPTED
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