First Union Corporation

E913600

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.

All labels observed (2)

How this entity was disambiguated

Statements (43)

Predicate Object
instanceOf bank holding company ⓘ
defunct company ⓘ
acquiredBy Wachovia Corporation ⓘ
linked to: Wachovia
country United States ⓘ
dissolvedInto Wachovia Corporation ⓘ
linked to: Wachovia
fate merged into Wachovia Corporation ⓘ
linked to: Wachovia
grewBy mergers and acquisitions ⓘ
hasBusinessModel diversified financial services company ⓘ
multi-state regional bank ⓘ
hasFormerName First Union National Bank (core banking unit) ⓘ
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 ⓘ
hasUltimateSuccessorBankBrand Wells Fargo ⓘ
headquartersLocation Charlotte, North Carolina ⓘ
industry banking ⓘ
financial services ⓘ
listedOn New York Stock Exchange ⓘ
locatedInTheAdministrativeTerritorialEntity North Carolina ⓘ
United States ⓘ
mergedWith Wachovia Corporation ⓘ
linked to: Wachovia
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 ⓘ
Federal Reserve System ⓘ
serviceArea Mid-Atlantic United States ⓘ
linked to: Mid-Atlantic states

Southeastern United States ⓘ
United States ⓘ
successor Wachovia Corporation ⓘ
linked to: Wachovia
tickerSymbol FTU ⓘ
typeOfEnterprise public company ⓘ
ultimateSuccessor Wells Fargo & Company ⓘ
linked to: Wells Fargo

How these facts were elicited

Referenced by (8)

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 ⓘ
CoreStates Financial Corporation → acquiredBy → First Union Corporation ⓘ
CoreStates Financial Corporation → successor → First Union Corporation ⓘ
First Union Corporation → hasFormerName → First Union National Bank (core banking unit) ⓘ
linked to: First Union Corporation
Wachovia → predecessor → First Union Corporation ⓘ
Wachovia → formedByMergerOf → First Union Corporation ⓘ
First Union Center → sponsoredBy → First Union Corporation ⓘ