Wachovia Spectrum, The Spectrum
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Wachovia Spectrum, The Spectrum
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 final Wachovia branches were converted ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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First Union
First Union Corporation was a bank holding company that provided commercial bank, commercial and retail banking services in eleven states in the Eastern United States, 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 through First Union Capital Partners, and 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 U.S. 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 Corporatio ...
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Forsyth County, North Carolina
Forsyth County ( )Talk Like a Tarheel
, from the North Carolina Collection website at the . Retrieved August 16, 2023.
is a located in the northwest of the

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Danube
The Danube ( ; see also #Names and etymology, other names) is the List of rivers of Europe#Longest rivers, second-longest river in Europe, after the Volga in Russia. It flows through Central and Southeastern Europe, from the Black Forest south into the Black Sea. A large and historically important river, it was once a frontier of the Roman Empire. In the 21st century, it connects ten European countries, running through their territories or marking a border. Originating in Germany, the Danube flows southeast for , passing through or bordering Austria, Slovakia, Hungary, Croatia, Serbia, Romania, Bulgaria, Moldova, and Ukraine. Among the many List of cities and towns on the river Danube, cities on the river are four national capitals: Vienna, Bratislava, Budapest, and Belgrade. Its drainage basin amounts to and extends into nine more countries. The Danube's longest headstream, the Breg (river), Breg, rises in Furtwangen im Schwarzwald, while the river carries its name from its ...
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Moravian Church
The Moravian Church, or the Moravian Brethren ( or ), formally the (Latin: "Unity of the Brethren"), is one of the oldest Protestant denominations in Christianity, dating back to the Bohemian Reformation of the 15th century and the original Unity of the Brethren () founded in the Kingdom of Bohemia, sixty years before Martin Luther's Reformation. The church's heritage can be traced to 1457 and the Lands of the Bohemian Crown, which included Bohemia, Moravia, Silesia, and previously the Hussite movement against several practices and doctrines of the Catholic Church. Its name is derived from exiles who fled from Moravia to Saxony in 1722 to escape the Counter-Reformation, establishing the Christian community of Herrnhut. Hence, it is also known in German as the ("Unity of Brethren f Herrnhut). The modern has about one million members worldwide, continuing their tradition of missionary work, such as in the Americas and Africa, which is reflected in their broad g ...
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Wachau
The Wachau () is an Austrian valley formed by the Danube River. It is one of the most prominent tourism in Austria, tourist destinations of Lower Austria, located between the towns of Melk and Krems an der Donau, Krems that attracts epicureans for its high-quality wines. It is in length and has been settled since prehistoric times. Among the tourist attractions is Dürnstein Castle, where King Richard I of England was held captive by Leopold V, Duke of Austria. The architectural elegance of its monasteries (Melk Abbey, Melk Abbey and Göttweig Abbey), castles and ruins combined with the urban architecture of its towns and villages, and the cultivation of vines as an important agricultural produce are the dominant features of the valley. The Wachau was inscribed as "Wachau Cultural Landscape" in the UNESCO List of World Heritage Sites in recognition of its architectural and agricultural history, in December 2000. History Ancient history Even before the Neolithic period brought ...
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Latin
Latin ( or ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally spoken by the Latins (Italic tribe), Latins in Latium (now known as Lazio), the lower Tiber area around Rome, Italy. Through the expansion of the Roman Republic, it became the dominant language in the Italian Peninsula and subsequently throughout the Roman Empire. It has greatly influenced many languages, Latin influence in English, including English, having contributed List of Latin words with English derivatives, many words to the English lexicon, particularly after the Christianity in Anglo-Saxon England, Christianization of the Anglo-Saxons and the Norman Conquest. Latin Root (linguistics), roots appear frequently in the technical vocabulary used by fields such as theology, List of Latin and Greek words commonly used in systematic names, the sciences, List of medical roots, suffixes and prefixes, medicine, and List of Latin legal terms ...
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Asset-based Lending
Asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repaid, the asset is taken. In this sense, a mortgage is an example of an asset-based loan. More commonly however, the phrase is used to describe lending to business and large corporations using assets not normally used in other loans. Typically, the different types of asset-based loans include accounts receivable financing, inventory financing, equipment financing, or real estate financing. Asset-based lending in this more specific sense is possible only in certain countries whose legal systems allow borrowers to pledge such assets to lenders as collateral for loans (through the creation of enforceable security interests). Usage Asset-based lending is usually done when the normal routes of raising funds is not possible, such as the capital markets (selling bonds to investors) and normal unsecured or mortgage secured bank. This is often because the company has exhausted other capital rai ...
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Wachovia Capital Partners
Pamlico Capital, which was formerly called First Union Capital Partners and then Wachovia Capital Partners, is an independent private equity firm focused on growth capital and leveraged buyout investments in middle-market companies in the business services, technology services, telecommunications and healthcare industries. The firm, which is based in Charlotte, North Carolina, was founded in 1988 as the private equity investment arm of First Union Corporation. The firm has invested approximately $3.8 billion in more than 200 companies since inception across two funds. The firm is named for the Pamlico Sound, which is located in North Carolina. Investments Among the firm's notable investments are Daxko, Dexter & Chaney, Lightower Fiber Networks, MetaMetrics, Secure-24, Service Express, symplr, TMW Systems and Wilcon. Spinout from Wells Fargo Founded as First Union Capital Partners in 1988, the firm served as the private equity investment arm of First Union, a commercial bank b ...
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Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ...
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