Wachovia’s Chief Risk Officer, Don Truslow To Take Part In The Merrill Lynch Chief Credit Officers’ Forum
September 13, 2006 - CHARLOTTE, N.C. – Don Truslow, Wachovia’s chief risk officer, will take part on Friday, September 15 in the Merrill Lynch Chief Credit Officers’ Forum. This panel discussion will be available via conference call beginning at 9:10 a.m. EDT September 15, 2006. The dial-in number is 800-638-4930 for domestic and 617-614-3944 for international. The conference call passcode is 34045287. A replay of the call will be available beginning at 10:30 a.m. EDT September 15 until 5:00 p.m. EDT September 22. The dial-in number for the replay is 888-286-8010 for domestic and 617-801-6888 for international. The replay passcode is 22545173.
Wachovia Corporation (NYSE:WB) is one of the nation’s largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia has retail and commercial banking operations in 16 states with 3,109 offices from Connecticut to Florida and west to Texas and California. Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $553.6 billion, market capitalization of $86.0 billion and stockholders’ equity of $48.9 billion at June 30, 2006.
The proposed merger with Golden West Financial Corporation (NYSE: GDW), parent of World Savings Bank, is expected to close in the fourth quarter of 2006, pending shareholder and regulatory approval. With this proposed merger, Wachovia would strengthen its position in California, Texas, Florida, New Jersey and New York, and enter attractive metropolitan areas in five additional states: Arizona, Colorado, Illinois, Kansas and Nevada. The combined company would serve banking customers through 3,400 offices in 21 states and Washington, D.C. In addition, Wachovia would gain mortgage lending operations under the World Savings Bank name in 39 states.
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