First Union Corporation

E913600
bank holding company defunct company

First Union Corporation was a major American bank holding company that grew rapidly through mergers and acquisitions before ultimately becoming part of Wachovia and then Wells Fargo.

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All labels observed (1)

Label Occurrences
First Union Corporation canonical 2

Statements (43)

Predicate Object
instanceOf bank holding company ⓘ
defunct company ⓘ
acquiredBy Wachovia Corporation NERFINISHED ⓘ
country United States of America ⓘ
surface form: United States
dissolvedInto Wachovia Corporation NERFINISHED ⓘ
fate merged into Wachovia Corporation NERFINISHED ⓘ
grewBy mergers and acquisitions ⓘ
hasBusinessModel diversified financial services company ⓘ
multi-state regional bank ⓘ
hasFormerName First Union National Bank (core banking unit) NERFINISHED ⓘ
hasLegacy contributed branch network to Wachovia ⓘ
contributed customer base to Wells Fargo through subsequent mergers ⓘ
hasMajorEvent merger with Wachovia announced in 2001 ⓘ
rebranded under Wachovia name after merger ⓘ
hasSuccessorBankBrand Wachovia NERFINISHED ⓘ
hasUltimateSuccessorBankBrand Wells Fargo NERFINISHED ⓘ
headquartersLocation Charlotte, North Carolina NERFINISHED ⓘ
industry banking ⓘ
financial services ⓘ
listedOn New York Stock Exchange ⓘ
locatedInTheAdministrativeTerritorialEntity North Carolina NERFINISHED ⓘ
United States NERFINISHED ⓘ
mergedWith Wachovia Corporation NERFINISHED ⓘ
notableFor aggressive acquisition strategy ⓘ
rapid expansion in the 1980s and 1990s ⓘ
operatedIn asset management ⓘ
capital markets ⓘ
commercial banking ⓘ
investment banking ⓘ
mortgage lending ⓘ
retail banking ⓘ
trust services ⓘ
partOf U.S. banking consolidation wave of the 1990s ⓘ
history of Wells Fargo ⓘ
regulator Federal Deposit Insurance Corporation NERFINISHED ⓘ
Federal Reserve System NERFINISHED ⓘ
serviceArea Mid-Atlantic United States NERFINISHED ⓘ
Southeastern United States NERFINISHED ⓘ
United States of America ⓘ
surface form: United States
successor Wachovia Corporation NERFINISHED ⓘ
tickerSymbol FTU NERFINISHED ⓘ
typeOfEnterprise public company ⓘ
ultimateSuccessor Wells Fargo & Company NERFINISHED ⓘ

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

First Union Spectrum → sponsoredBy → First Union Corporation ⓘ
First Union Spectrum → hasNamingRightsHolder → First Union Corporation ⓘ