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Wachovia CEO to discuss Wells deal, state of banking

The Business Journal of the Greater Triad Area

Bob Steel, Wachovia CEO
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Bob Steel, chief executive of Wachovia Corp., is scheduled to discuss the bank’s pending sale to Wells Fargo & Co., as well as the state of the banking industry, Nov. 20 at the Charlotte Convention Center.

Steel is the featured speaker for the Charlotte Business Journal’s Power Breakfast 2.

Besides addressing the Wells Fargo acquisition’s impact on the Charlotte region, he will field questions from a panel of journalists following his keynote address. Attendees can submit questions in advance. (Registrants will be notified soon on how they can send in their questions.)

In addition, the event will feature a video message to Charlotte’s business community from John Stumpf, Wells Fargo CEO.

San Francisco-based Wells Fargo (NYSE:WFC) is buying Charlotte-based Wachovia (NYSE:WB) in a deal that was valued at $15.1 billion when it was announced Oct. 3. The sale is expected to close by the end of the year.

Tickets for Power Breakfast 2 cost $65 for an individual and $570 for a table of eight.

Networking is scheduled for 7 to 7:30 a.m., with the breakfast program, speech and Q&A running from 7:30 to 9 a.m.

To register to attend Power Breakfast 2, click here. Information is also available by calling, (704) 973-1143.


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