On the basis of the market capital Wachovia is the fifth largest company in the world. The operation of the company can be divides into four divisions:
- General banking
- Wealth management
- Capital management
- Corporate and investment banking
he general bank services of Wachovia are provided to the retail industries, small businesses and commercial customers. In the national deposit market share Wachovia holds the second position. Wachovia also considered as the the fourth largest wealth manager in the United states as also the third largest is the retail brokerage. The corporate banking service caters the services like capital raising, market making as well as financial advisory services.
Wachovia is at present a top ranking Fortune 500 company as also th fourth largest bank holding company. Wachovia has a good reputation in every field of tis operation. The unmatched services of the company has taken the company to the position where it currently belongs.
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