“Our dedicated team of professionals is focused on delivering excellent service to our clients. We have become a leader in the equity-services business by building long-standing partnerships with outstanding companies like Unisys. We expect a productive relationship with the company and their shareholders,” said John Shope, national sales director of Corporate and Institutional Trust.
Equity services offered through the Corporate Trust group of Wachovia Bank include stock transfer services, dividend reinvestment plans, employee stock purchase plans, stock option and restricted security plan administration, direct purchase plans, turnkey initial public offering services, corporate action processing and investment management.
Wachovia Corporate and Institutional Trust offers custodial services, securities lending, institutional clearing services, investment management, conventional and structured finance trust solutions, equity services, and information management and claims processing to institutional clients worldwide. Based in Charlotte, N.C., Wachovia Corporate and Institutional Trust has locations in 26 cities in 15 states.
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Wachovia had assets of $506.8 billion, market capitalization of $80.3 billion and stockholders' equity of $46.5 billion at March 31, 2005. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve 13 million household and business relationships primarily through 3,277 offices in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, also serves clients through 693 offices in 49 states and five Latin American countries. Its Corporate and Investment Bank serves clients primarily in 10 key industry sectors nationwide. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through Wachovia.com.
