July 12, 2012 -
Before its purchase by Wells Fargo, North Carolina-based Wachovia laundered over $378 billion for illegal drug organizations -- and paid just $160 million in fines. It's part of a broader and disturbing trend in the U.S. banking industry.
June 2, 2005 -
Wachovia Corp., the biggest bank in these parts (the Carolinas) and one of the biggest in the nation after a merger/acquisition spree in the past few years, just apologized for its involvement in slavery.