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SouthTrust
SouthTrust Corporation was a banking company headquartered in Birmingham, Alabama. In 2004, SouthTrust reached an agreement to merge with Wachovia in a stock-for-stock deal. At the time of the merger with Wachovia was completed, SouthTrust had $53 Billion in assets. SouthTrust was listed on the NASDAQ exchange under the ticker symbol SOTR. The company was headquartered in the SouthTrust Tower, now known as the Shipt Tower. SouthTrust had branches in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Texas and Virginia. By the end of 2005, all former SouthTrust branches that remained open carried the Wachovia name. History 1887 to 1980 SouthTrust Corporation began as Birmingham Trust and Savings Company in 1887. In 1946 the bank sought a charter to become a national bank. After receiving the charter, the name of the bank changed to Birmingham Trust National Bank, which was commonly known as BTNB. In 1972 BTNB combined with three other Alabama banks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wachovia Corporation
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. At its height, it was one of the largest providers of financial services in the United States, operating financial centers in 21 states and Washington, D.C., with locations from Connecticut to Florida and west to California. Wachovia provided global services through more than 40 offices around the world. The acquisition of Wachovia by Wells Fargo was completed on December 31, 2008, after a government-forced sale to avoid Wachovia's failure. The Wachovia brand was absorbed into the Wells Fargo brand in a process that lasted three years. On October 15, 2011, the last Wachovia branches in North Caro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wachovia
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. At its height, it was one of the largest providers of financial services in the United States, operating financial centers in 21 states and Washington, D.C., with locations from Connecticut to Florida and west to California. Wachovia provided global services through more than 40 offices around the world. The acquisition of Wachovia by Wells Fargo was completed on December 31, 2008, after a government-forced sale to avoid Wachovia's failure. The Wachovia brand was absorbed into the Wells Fargo brand in a process that lasted three years. On October 15, 2011, the last Wachovia branches in North Carol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipt Tower
The Shipt Tower is a 34-story, tall office building in Birmingham, Alabama. Built in 1986 as the corporate headquarters for SouthTrust Corporation, the building was known as the SouthTrust Tower until 2005, when SouthTrust completed its merger with Wachovia and it became the Wachovia Tower. It became the Wells Fargo Tower in September 2010 after Wells Fargo completed its purchase of Wachovia and a new logo was placed atop the building. Shipt, a local start-up and subsidiary of the Target Corporation announced in January 2019 that it would become the anchor tenant of the building in 2020. The Tower was rebranded as the Shipt Tower on May 23, 2020, when corporate signage was placed atop the tower. History The building was developed by Johnston-Rast & Hays and designed by architects Skidmore, Owings & Merrill and Giattina, Fisher & Aycock. Brice Building Company was the contractor for the project. It displaced the First National Bank Building in Mobile as the tallest bui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Golden Parachute
A golden parachute is an agreement between a company and an employee (usually an upper executive) specifying that the employee will receive certain significant benefits if employment is terminated. These may include severance pay, cash bonuses, stock options, or other benefits. Most definitions specify the employment termination is as a result of a merger or takeover,golden parachute ". ''InvestorWords''LL. WebFinance.golden parachute . ''''. |
BBVA Compass
BBVA USA was a bank headquartered in Birmingham, Alabama. It was a subsidiary of Banco Bilbao Vizcaya Argentaria from 2007 until 2021, when it was acquired by PNC Financial Services. It operated mainly in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas. The bank was earlier named Central Bank and Trust Company, Central Bank, Central Bancshares of the South, and Compass Bancshares. BBVA USA held naming rights to PNC Stadium (formerly BBVA Stadium), a Major League Soccer venue in Houston and PNC Field (formerly BBVA Field), a college and minor league soccer venue on the campus of University of Alabama at Birmingham in Birmingham, Alabama. From 2011 to 2014, BBVA USA was the title sponsor of the Birmingham Bowl (then called the BBVA Compass Bowl), a college football bowl game played annually in Birmingham. History On March 2, 1964, the company was founded as the Central Bank and Trust Company by Harry B. Brock Jr., Schuyler Baker, and Hugh Daniel with US$ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with '' USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bizjournals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regions Financial Corporation
Regions Financial Corporation is a bank holding company headquartered in the Regions Center (Birmingham), Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services. Its banking subsidiary, Regions Bank, operates 1,952 automated teller machines and 1,454 Branch (banking), branches in 16 states in the Southern United States, Southern and Midwestern United States. Regions is ranked 434th on the Fortune 500 and is component headquartered in Alabama. Regions is also on the list of largest banks in the United States. Regions is the largest deposit holder in Alabama and Tennessee. It is also one of the largest deposit holders in Arkansas, Louisiana, Mississippi, and Florida. The company sponsors Regions Field, a Minor League Baseball stadium in Birmingham, Alabama, and the Tradition golf tournament. It sponsored the Regions Charity Classic, a golf tournament held in 2009 and 2010. The company has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compass Bancshares
BBVA USA was a bank headquartered in Birmingham, Alabama. It was a subsidiary of Banco Bilbao Vizcaya Argentaria from 2007 until 2021, when it was acquired by PNC Financial Services. It operated mainly in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas. The bank was earlier named Central Bank and Trust Company, Central Bank, Central Bancshares of the South, and Compass Bancshares. BBVA USA held naming rights to PNC Stadium (formerly BBVA Stadium), a Major League Soccer venue in Houston and PNC Field (formerly BBVA Field), a college and minor league soccer venue on the campus of University of Alabama at Birmingham in Birmingham, Alabama. From 2011 to 2014, BBVA USA was the title sponsor of the Birmingham Bowl (then called the BBVA Compass Bowl), a college football bowl game played annually in Birmingham. History On March 2, 1964, the company was founded as the Central Bank and Trust Company by Harry B. Brock Jr., Schuyler Baker, and Hugh Daniel with US$1 mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AmSouth Bancorporation
AmSouth Bancorporation was a banking company headquartered in Birmingham, Alabama, and operated for its final year in existence as a bank holding company (subsidiary) of Regions Financial Corporation after a merger between the two banks. AmSouth was previously known as First National Bank of Birmingham, which was first organized by Charles Linn in 1872. AmSouth was in the financial services industry and at its peak employed over twelve thousand people. AmSouth's size more than doubled in 2000 when it absorbed Nashville, Tennessee-based First American National Bank. With the merger came hundreds of branches primarily in Tennessee but also in Kentucky, Virginia, and Mississippi Mississippi () is a state in the Southeastern region of the United States, bordered to the north by Tennessee; to the east by Alabama; to the south by the Gulf of Mexico; to the southwest by Louisiana; and to the northwest by Arkansas. Mis .... This is cited as a rare example of one bank absorbing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charlotte
Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina. Located in the Piedmont (United States), Piedmont region, it is the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United States census, 2020 census, making Charlotte the List of United States cities by population, 16th-most populous city in the U.S., the seventh most populous city in Southern United States, the South, and the second most populous city in the Southeastern United States, Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose 2020 population of 2,660,329 ranked List of metropolitan statistical areas, 22nd in the U.S. Charlotte metropolitan area, Metrolina is part of a sixteen-county market region or combined statistical area with a 2020 census-estimated population of 2,846,550. Between 2004 and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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