First Union National Bank
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First Union National Bank
First Union Corporation was a bank holding company that provided commercial and retail banking services in eleven states in the eastern U.S. First Union also provided various other financial services, including mortgage banking, credit card, investment banking (First Union Securities), investment advisory, home equity lending, asset-based lending, leasing, insurance, international and securities brokerage services and private equity (First Union Capital Partners), through other subsidiaries. In September 2001, First Union completed their acquisition of Wachovia National Bank to become Wachovia Corporation, which used to be one of the largest financial holding companies in the US. As of the end of 2000, First Union had over $171 billion of total assets, over 70,000 employees and 2,193 branches. After their acquisition of Wachovia, they assumed the name and stock ticket symbol of the latter company. History First Union Corporation was founded as Union National Bank on June 2, 190 ...
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First Union New Zealand
First Union New Zealand is a national trade union in New Zealand that was formed on 1 October 2011 by the merger of the National Distribution Union and Finsec. On the 7th of November 2018, the New Zealand Bakers, Pastrycooks and Related Employees Union amalgamated into First Union. The New Zealand Bakers, Pastrycooks and Related Employees Union reported having 443 members on March 1st 2018 in its annual membership return. First Union has a membership of more than 30,000 as of the 1st of March 2021 and is affiliated with the New Zealand Council of Trade Unions. It is also affiliated to various international federations through its five sectors; Finance, Industrial (Textile, Clothing, Baking, Wood, Energy), Retail, Stores (distribution and logistics) and Transport. While not affiliated with the New Zealand Labour Party, former NDU secretary Laila Harré (as an Alliance MP) served in the Fifth Labour Government The Fifth Labour Government of New Zealand was the government ...
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Asheville, North Carolina
Asheville ( ) is a city in, and the county seat of, Buncombe County, North Carolina. Located at the confluence of the French Broad and Swannanoa rivers, it is the largest city in Western North Carolina, and the state's 11th-most populous city. According to the 2020 United States Census, the city's population was 94,589, up from 83,393 in the 2010 census. It is the principal city in the four-county Asheville metropolitan area, which had a population of 424,858 in 2010, and of 469,015 in 2020. History Origins Before the arrival of the Europeans, the land where Asheville now exists lay within the boundaries of the Cherokee Nation, which had homelands in modern western North and South Carolina, southeastern Tennessee, and northeastern Georgia. A town at the site of the river confluence was recorded as ''Guaxule'' by Spanish explorer Hernando de Soto during his 1540 expedition through this area. His expedition comprised the first European visitors, who carried endemic Eurasian ...
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Merger And Acquisition
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Bowles Hollowell Conner & Co
Bowles may refer to: Places *Bowles, California, census-designated place in California, United States *Bowles Rocks, sandstone crag in the county of East Sussex in South East England *Cape Bowles, South Shetland Islands, Antarctica *Mount Bowles, South Shetland Islands, Antarctica Other *Bowles (surname) *Bowles Hall, male residence dormitory at the University of California, Berkeley *'' Bowles v. Russell'', 2007 U.S. Supreme Court case See also *Bols (other) Bols may refer to: * Bol (music), an element of Indian rhythm * Lucas Bols, a Dutch distilling company * Bols (brand), a beverage brand name used by Lucas Bols * Bols (surname), a Dutch surname * Bell of Lost Souls Interactive, American online pub ... * Bowes (other) {{dab ...
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Bank Of North America
The Bank of North America was the first chartered bank in the United States, and served as the country's first ''de facto'' central bank. Chartered by the Congress of the Confederation on May 26, 1781, and opened in Philadelphia on January 7, 1782, it was based upon a plan presented by US Superintendent of Finance Robert Morris on May 17, 1781, based on recommendations by Revolutionary era figure Alexander Hamilton. Although Hamilton later noted its "essential" contribution to the war effort, the Pennsylvania government objected to its privileges and reincorporated it under state law, making it unsuitable as a national bank under the federal Constitution. Instead Congress chartered a new bank, the First Bank of the United States, in 1791, while the Bank of North America continued as a private concern. History Congressional charter In May 1781 Alexander Hamilton revealed that he had recommended Robert Morris for the position of Superintendent of Finance of the United States ...
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Money (magazine)
''Money'' is an American personal finance brand and website owned by Ad Practitioners LLC and formerly also a monthly magazine, first published by Time Inc. (1972–2018) and later by Meredith Corporation (2018–2019). Its articles cover the gamut of personal finance topics ranging from credit cards, mortgages, insurance, banking and investing to family finance issues like paying for college, credit, career and home improvement. It is well known for its annual list of "America's Best Places to Live". , the website draws more than 10 million unique visitors per month. History The first issue of ''Money'' magazine was published in October 1972 by Time Inc. The magazine, along with ''Fortune'', was a partner with sister cable network CNN in CNNMoney.com, an arrangement made after the discontinuation of the CNNfn business news channel in 2005. In 2014, following the spin-off of Time Inc. from its and CNN's parent Time Warner, Money launched its own website, Money.com. The mag ...
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Philadelphia
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since 1854, the city has been coextensive with Philadelphia County, the most populous county in Pennsylvania and the urban core of the Delaware Valley, the nation's seventh-largest and one of world's largest metropolitan regions, with 6.245 million residents . The city's population at the 2020 census was 1,603,797, and over 56 million people live within of Philadelphia. Philadelphia was founded in 1682 by William Penn, an English Quaker. The city served as capital of the Pennsylvania Colony during the British colonial era and went on to play a historic and vital role as the central meeting place for the nation's founding fathers whose plans and actions in Philadelphia ultimately inspired the American Revolution and the nation's inde ...
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CoreStates Financial Corporation
CoreStates Financial Corporation, previously known as Philadelphia National Bank (PNB), was an American bank holding company in the Philadelphia, Pennsylvania, metropolitan area. The bank was renamed in the mid-1980s after a series of mergers. After being acquired by First Union Corporation, which later also acquired Wachovia National Bank to become Wachovia Corporation, CoreStates Financial Corporation became a part of Wells Fargo in 2008 when Wachovia (formerly known as First Union) was acquired by that company. History Philadelphia National Bank and First Pennsylvania Bank The bank was founded in Philadelphia on September 8, 1803, as The Philadelphia Bank. George Clymer was the bank's first president. Later, the bank became known as Philadelphia National Bank, or PNB. During the early years of the United States, Philadelphia developed as the banking center of the country. The First Bank of the United States chartered in 1791, was based in the city until its charter expired i ...
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Newark, New Jersey
Newark ( , ) is the most populous city in the U.S. state of New Jersey and the seat of Essex County and the second largest city within the New York metropolitan area.New Jersey County Map
New Jersey Department of State. Accessed July 10, 2017.
The city had a population of 311,549 as of the , and was calculated at 307,220 by the Population Estimates Program for 2021, making it
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The News & Observer
''The News & Observer'' is an American regional daily newspaper that serves the greater Triangle area based in Raleigh, North Carolina. The paper is the largest in circulation in the state (second is the '' Charlotte Observer''). The paper has been awarded three Pulitzer Prizes; the most recent of which was in 1996 for a series on the health and environmental impact of North Carolina's booming hog industry. The paper was one of the first in the world to launch an online version of the publication, Nando.net in 1994. Ownership On May 17, 1995 the News & Observer Publishing Company was sold to McClatchy Newspapers of Sacramento, California, for $373 million, ending 101 years of Daniels family ownership. In the mid-1990s, flexo machines were installed, allowing the paper to print thirty-two pages in color, which was the largest capacity of any newspaper within the United States at the time. The McClatchy Company currently operates a total of twenty-nine daily newspapers in fourtee ...
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The Florida Times-Union
''The Florida Times-Union'' is a daily newspaper in Jacksonville, Florida, United States. Widely known as the oldest newspaper in the state, it began publication as the ''Florida Union'' in 1864. Its current incarnation started in 1883, when the ''Florida Union'' merged with another Jacksonville paper, the ''Florida Daily Times''. A Southeast Georgia edition, called ''The Georgia Times-Union'', serves the Brunswick area. In 1983, Morris Communications of Augusta, Georgia, purchased Florida Publishing Company. ''The Times-Union'' became the largest newspaper of this chain, which owns a number of newspapers around the country. The paper is now owned by Gannett. In 2018, its editor was Mary Kelli Palka, and the editorial page editor was Michael P. Clark. History In 1864, during the American Civil War, J. K. Stickney and W. C. Morrill published the first edition of the ''Florida Union''. It was a Northern and Republican paper, at the time when Jacksonville was occupied by the Un ...
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Jacksonville, Florida
Jacksonville is a city located on the Atlantic coast of northeast Florida, the most populous city proper in the state and is the largest city by area in the contiguous United States as of 2020. It is the seat of Duval County, with which the city government consolidated in 1968. Consolidation gave Jacksonville its great size and placed most of its metropolitan population within the city limits. As of 2020, Jacksonville's population is 949,611, making it the 12th most populous city in the U.S., the most populous city in the Southeast, and the most populous city in the South outside of the state of Texas. With a population of 1,733,937, the Jacksonville metropolitan area ranks as Florida's fourth-largest metropolitan region. Jacksonville straddles the St. Johns River in the First Coast region of northeastern Florida, about south of the Georgia state line ( to the urban core/downtown) and north of Miami. The Jacksonville Beaches communities are along the adjacent Atlantic ...
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