“Today's announcement reflects our board's confidence in Wachovia's performance and prospects for consistently growing earnings while maintaining a strong capital position.”
“UBS, City National Bank and First-Citizens are all unique banking franchises with different market strategies, but all recognize the value of being owners of The Clearing House. For companies with global operations or regional institutions focused in the U.S., The Clearing House provides the industry leadership and innovation that delivers a competitive advantage to institutions.”
“The only way we can overcome the tragedy of an immense disaster like this one is by pulling together as a nation and doing all we can to help out our fellow citizens in great need, ... The people of Louisiana, Mississippi and Alabama are not alone. Like the rest of our nation, the people of Wachovia want to lend them a helping hand so they can begin rebuilding their lives and their communities.”
“We're establishing these funds because we know we need to look to the future -- to what will help this region thrive for years to come, ... We invite other businesses across the country to join us in contributing to these funds in support of this work, which is crucial to the Gulf Coast's long-term development.”
“This is an excellent partnership that gives First Union a nationwide securities business, ... This transaction will substantially strengthen our distribution capabilities for equity capital markets activities as well as retail investment products and wealth management activities.”
“This is a policy I strongly recommend. If your employer covers 50 percent to 60 percent for it, pay out of your pocket and raise it to 80 percent coverage, ... When you leave work, generally you'll be left with that private policy.”
