Wachovia to Close Muni Operations

Preston, Darrell
August 2000
Bond Buyer;08/29/2000, Vol. 333 Issue 30964, p1
Trade Publication
Reports the closure of the public finance and institutional tax-exempt trading and underwriting departments of Wachovia Securities Inc. in Dallas, Texas. Impact of the closure on the existing employees; Expected number of employees to be laid off; Implication of the staff reduction for pre-tax earnings of the company.


Related Articles

  • Since When Did CLEC Become a Dirty Word? Kurdeck, Robyn // High Yield Report;7/16/2001, Vol. 12 Issue 28, pN.PAG 

    Reports on the drop in financial conditions of the United States competitive local exchange carrier (CLEC) firms in 2001 as compared to 2000. Reason behind the dismissal of employees by the United States-based company Carolina Broadband Inc.; Plans of the company to compete against other CLEC...

  • Air Canada restructuring moving forward.  // Air Transport World;Aug2003, Vol. 40 Issue 8, p9 

    Reports on the signing of a broad agreement between Air Canada and GE Capital Aviation Services Inc. Amount of financing acquired by Air Canada; Reduction of salary for pilots; Dismissal of several employees.

  • Wholesaler MILA Trimming Staff.  // National Mortgage News;4/3/2006, Vol. 30 Issue 26, p33 

    The article reports on the reduction of staff at non-prime loans wholesaler MILA Inc. in the U.S. The company, which at present has 500 employees, reduced 100 jobs. This job cuts are results of the slowdown in the mortgage industry market. Among the subprime lenders, MILA ranks 29th nationwide,...

  • Citi to Close Iowa Service Center. Dow Jones // American Banker;8/12/2004, Vol. 169 Issue 155, p18 

    Announces that Citigroup Inc. will close a credit customer service center in suburban Des Moines in 2005, laying off 450 workers. Details of the company's layoffs since buying Sears Roebuck & Co's credit and financial services arm in 2003; Reasons for the layoffs; Consideration of severance...

  • Mark Blackwell laid off after six months at A&L. Stavro-Beauchamp, Laura // Mortgage Strategy;4/7/2008, p8 

    The article announces the termination of Mark Blackwell as director of intermediary sales at Alliance & Leicester PLC in Great Britain after six month in the job. A spokeswoman said that the laid off decision is the result of the company's senior management review in the broker sales division....

  • WEEK IN review. Graves, Brad; Allen, Mike // San Diego Business Journal;8/18/2008, Vol. 29 Issue 33, p37 

    The article offers news briefs related to business enterprises in San Diego, California. A Northrop Grumman Corp. executive announced that the company is ramping up to hire more than 200 engineers, administrators and other office workers to help create the robot spy plane of the Navy. On the...

  • Automation Drives Performance. Zupnick, Hank // Mortgage Banking;Jun2005, Vol. 65 Issue 9, p90 

    The article reports that at GE Commercial Finance Real Estate's chief information officer explains how a significant investment in technology has yielded great dividends. When the dot-com bubble collapsed in 2000 and the economy weakened, many commercial real estate firms, large and small,...

  • News Headlines.  // MarketWatch: Global Round-up;Jun2008, Vol. 7 Issue 6, p137 

    The article offers news briefs related to the financial services industry. Royal Bank of Scotland has laid off 200 employees at its global banking and markets group. Meanwhile, Great Britain-based Council of Mortgage Lenders has welcomed the launch of the mortgage finance group. Elsewhere, Saga...

  • Performance Antecedents of Voluntary and Involuntary Managerial Turnover. Wells, Deborah L.; Muchinsky, Paul M. // Journal of Applied Psychology;May85, Vol. 70 Issue 2, p329 

    This study examines the job performance of 420 credit managers from a large finance company who either quit their job, were fired, or were promoted to a higher position in the company. Six biographical variables and 12 performance appraisal scores were used in a cross-validated multiple...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics