Instruct: Given a question, retrieve relevant passages that can help answer the question.
Query: When was Wachovia bank founded?
Wachovia Corporation began on June 16, 1879 in Winston-Salem, North Carolina as the Wachovia National Bank. The bank was co-founded by James Alexander Gray and William Lemly. In 1911, the bank merged with Wachovia Loan and Trust Company, "the largest trust company between Baltimore and New Orleans", which had been founded on June 15, 1893. Wachovia grew to become one of the largest banks in the Southeast partly on the strength of its accounts from the R.J. Reynolds Tobacco Company, which was also headquartered in Winston-Salem. On December 12, 1986, Wachovia purchased First Atlanta. Founded as Atlanta National Bank on September 14, 1865, and later renamed to First National Bank of Atlanta, this institution was the oldest national bank in Atlanta. This purchase made Wachovia one of the few companies with dual headquarters: one in Winston-Salem and one in Atlanta. In 1991, Wachovia entered the South Carolina market by acquiring South Carolina National Corporation, founded as the Bank of Charleston in 1834. In 1998, Wachovia acquired two Virginia-based banks, Jefferson National Bank and Central Fidelity Bank. In 1997, Wachovia acquired both 1st United Bancorp and American Bankshares Inc, giving its first entry into Florida. In 2000, Wachovia made its final purchase, which was Republic Security Bank.
Wachovia was the area settled by Moravians in what is now Forsyth County, North Carolina, US. Of the six eighteenth-century Moravian "villages of the Lord" established in Wachovia, today, the town of Bethania, North Carolina and city of Winston-Salem exist within the historic Wachovia tract. The Moravian Archives in Winston-Salem has a "map" of the original Wachovia tract, showing the approximate locations of the first six Moravian congregations and the approximate current boundaries of Winston-Salem and Forsyth County.
JPMorgan Chase, in its current structure, is the result of the combination of several large U.S. banking companies since 1996, including Chase Manhattan Bank, J.P. Morgan & Co., Bank One, Bear Stearns and Washington Mutual. Going back further, its predecessors include major banking firms among which are Chemical Bank, Manufacturers Hanover, First Chicago Bank, National Bank of Detroit, Texas Commerce Bank, Providian Financial and Great Western Bank. The company's oldest predecessor institution, the Bank of the Manhattan Company, was the third oldest banking corporation in the United States, and the 31st oldest bank in the world, having been established on September 1, 1799, by Aaron Burr.
Many major banking corporations have headquarters in the region. Bank of America is in Charlotte, North Carolina. Wachovia was headquartered there before its purchase by Wells Fargo. Regions Financial Corporation is in Birmingham, as is AmSouth Bancorporation, and BBVA Compass. SunTrust Banks is located in Atlanta as is the district headquarters of the Federal Reserve Bank of Atlanta. BB&T is headquartered in Winston-Salem.
The race has existed since 1985, but its name has changed a number of times, because of the changing of names of its corporate sponsors, due to bank mergers and acquisitions. The title sponsor was originally CoreStates Bank, followed by First Union Bank in 1998, then Wachovia Bank in 2002. In November 2005, Wachovia withdrew its sponsorship. With assistance from former Philadelphia mayor and then-Pennsylvania governor Ed Rendell, a corporate sponsor was found in 2006; Commerce Bank made a four-year commitment. Due to its acquisition by Toronto-Dominion Bank in 2007, Commerce Bank became TD Bank in 2008.
First Union was founded as Union National Bank on June 2, 1908, a small banking desk in the lobby of a Charlotte hotel by H.M. Victor.
In 1873 John and Samuel Thompson left the 1st National Bank to form the Chase National Bank, named after their friend and U.S. Secretary of the Treasury Salmon P. Chase. The bank survives as part of JP Morgan Chase.
Depending on the definition, the world's oldest bank is either Banca Monte dei Paschi di Siena or Berenberg Bank. Banca Monte dei Paschi di Siena was founded in its present form in 1624, but traces its history to a mount of piety founded in 1472. The Berenberg company was founded in 1590 and has operated continuously ever since with the same family as owners or major co-owners. Banca Monte dei Paschi di Siena is today a large Italian retail bank, while Berenberg Bank is primarily involved in investment banking and private banking for wealthy customers; in any event Berenberg Bank is the world's oldest merchant bank or investment bank. The world's oldest central bank is the Sveriges Riksbank, which was founded in 1668.
The origins of modern banking can be traced to medieval and early Italian Renaissance, to the rich cities in the north like Florence, Lucca, Siena, Venice and Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence, establishing branches in many other parts of Europe. One of the most famous Italian banks was the Medici Bank, set up by Giovanni di Bicci de' Medici in 1397. The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George), was founded in 1407 at Genoa, Italy, while Banca Monte dei Paschi di Siena, founded in 1472, is the oldest surviving bank in the world. 
Unicredit is one of the largest bank in Europe by capitalization and Assicurazioni Generali is the seventh in the world by total assets
Banco Etcheverría was a Spanish bank. It was the oldest bank in the Spanish financial system, and the 11th oldest surviving bank in the world, older by over half a century than the Bank of Spain itself. It was founded in Betanzos, A Coruña (Spain) in 1717 by Juan Etcheverry, a French businessman established in Galicia who also created a tanning factory.
In the 15th century were founded two of the first banks in the world: the Bank of Saint George, founded in 1407, which was the oldest chartered bank in the world at its closure in 1805 and the Banca Carige, founded in 1483 as a mount of piety.
The Bank began operations in Japan in 1924, in Australia during the later part of the nineteenth century, and in Indonesia during the early 1920s. An office of the Equitable Eastern Banking Corporation (one of J.P. Morgan's predecessors) opened a branch in China in 1921 and Chase National Bank was established there in 1923. The bank has operated in Saudi Arabia and India since the 1930s. Chase Manhattan Bank opened an office in Korea in 1967. The firm's presence in Greece dates to 1968. An office of JPMorgan was opened in Taiwan in 1970, in Russia (Soviet Union) in 1973, and Nordic operations began during the same year. Operations in Poland began in 1995.
By October 2008, National City was in serious sale discussions following the failure of Washington Mutual and the forced sale of Wachovia to Wells Fargo. Among the publicly known front-runners were Minneapolis-based U.S. Bancorp, Toronto-based Scotiabank, and eventual buyer PNC. Scotiabank, which has long stayed out of the U.S. market unlike its Canadian rivals, was considered the best option for the local government since Scotiabank didn't have a pre-existing presence in the United States, allowing most of the National City operations to stay in Cleveland. Although National City and PNC had minimal overlap, the close proximity of Cleveland to Pittsburgh meant massive layoffs in both cities.
By the late 1990s, J.P. Morgan had emerged as a large but not dominant commercial and investment banking franchise with an attractive brand name and a strong presence in debt and equity securities underwriting. Beginning in 1998, J.P. Morgan openly discussed the possibility of a merger, and speculation of a pairing with banks such as Goldman Sachs, Chase Manhattan Bank, Credit Suisse and Deutsche Bank AG was prevalent. Chase Manhattan had emerged as one of the largest and fastest growing commercial banks in the United States through a series of mergers over the previous decade. In 2000, Chase, which was looking for yet another transformational merger to improve its position in investment banking, merged with J.P. Morgan to form JPMorgan Chase & Co. The combined JPMorgan Chase would become one of the largest banks both in the United States and globally offering a full complement of investment banking, commercial banking, retail banking, asset management, private banking and private equity businesses.
Although RCA had made a significant financial investment in establishing WDY, and its debut and ongoing operations were made with great fanfare, changes in the radio industry soon made the station redundant. RCA, formed in 1919, was originally a wholly owned GE subsidiary. However, on July 1, 1921 GE made an agreement with Westinghouse to cross-license radio patents, which gave Westinghouse 40% ownership of RCA, and also made RCA the sales agent for Westinghouse radio receivers. Because these companies were now working together, there was no longer a need for both WDY and WJZ, moreover, WJZ was located closer to New York City and had been providing a greater variety of programs.
The World Wide Web became publicly accessible in 1991, which had been available only to government and universities. In 1993 Marc Andreessen and Eric Bina introduced Mosaic, the first web browser capable of displaying inline images and the basis for later browsers such as Netscape Navigator and Internet Explorer. Stanford Federal Credit Union was the first financial institution to offer online internet banking services to all of its members in October 1994.. In 1996 OP Financial Group, also a cooperative bank, became the second online bank in the world and the first in Europe. The Internet expanded quickly, and by 1996, it was part of mass culture and many businesses listed websites in their ads. By 1999 almost every country had a connection, and nearly half of Americans and people in several other countries used the Internet on a regular basis. However throughout the 1990s, "getting online" entailed complicated configuration, and dial-up was the only connection type affordable by individual users; the present day mass Internet culture was not possible.
F. W. Woolworth Co. GmbH was founded in 1927 as a subsidiary of the American company F. W. Woolworth Company. When still part of the parent company, corporate documents refer to the division as Retail Company of Germany, Inc.. The German subsidiary separated from its American parent company in 1998, through a management buyout. In October 2007, the British investment and consulting company Argyll Partners purchased the company.
Founded in 1858, YWCA USA has 225 associations nationwide at more than 1,300 sites serving more than 2 million women and families. Associations were configured into 9 regions until 2012, when the YWCA reorganized with a new CEO and eliminated the regional structure system. Regions varied in size from 19 associations (New England) to 60 associations (Great Lakes). The other regions averaged 32 associations each. In 2015, the associations had over 12,000 staff members and 44,000 volunteers. A YWCA logo was created in 1988 by Saul Bass.
Willit worked at Chase Manhattan Bank–an firm later absorbed to create JP Morgan Chase–during the 1970s, eventually rising to become a Vice President at the firm. While at Chase, he worked primarily in their financial policy division. He first joined Merrill Lynch & Co. in 1992, working in their New York City offices as director of financial planning. He was appointed the chief financial officer (CFO) of the firm from 1993 to 1998 after which he was asked to serve as the chief operating officer (COO) Merrill Lynch's European operations.
Rolex SA () is a Swiss luxury watchmaker. Originally founded as "Wilsdorf and Davis" by Hans Wilsdorf and Alfred Davis in London in 1905, the company registered "Rolex" as the brand name of its watches in 1908. In 1919, the company moved its base of operations to Geneva, Switzerland in order to avoid heavy taxation from a recovering post-war Britain, and "Montres Rolex S.A." was registered as the new company name by Hans Wilsdorf in Geneva in 1920. Since 1960, the company has been owned by the Hans Wilsdorf Foundation, a private family trust.
WhatsApp was founded in 2009 by Brian Acton and Jan Koum, both former employees of Yahoo!. After Koum and Acton left Yahoo! in September 2007, the duo traveled to South America to take a break from work. At one point, they applied for jobs at Facebook but were rejected. For the rest of the following years Koum relied on his $400,000 savings from Yahoo!.
In the spring of 1964, Simkins helped start a movement in Greensboro to gain African-Americans "consideration for non-traditional jobs on basis of ability and for on-the-job training" in order to "afford equal employment opportunity" by organizing picketing of Wachovia Bank for job discrimination. Wachovia maintained that it "hired on the basis of merit", yet employed no African-Americans in any of their Greensboro offices. Picketing began on April 28, 1964, and ended just forty-eight hours later with the hiring of two African-American tellers. In a letter to Wachovia, George noted that Wachovia was able to "find the qualified Negros it had been unable to locate during the last two years" when he had first broached the topic Wachovia's discriminatory practices as head of the Greensboro NAACP.
8 West Third Street is a 126 ft nine-story skyscraper in Winston-Salem, North Carolina, also known as the Wachovia Bank and Trust Company Building. It was built in 1911 as the headquarters of Wachovia Bank and Trust, with the ninth floor added in 1917. It was Winston-Salem's first steel frame skyscraper, built in the Renaissance Revival style, and it was the city's tallest building from 1911 until the O'Hanlon Building was built in 1915, and again from 1917 until the completion of Hotel Robert E. Lee in 1921. The Wachovia Bank and Trust Company Building served as the bank's headquarters until a new headquarters was built in 1966. It was named to the National Register of Historic Places on May 31, 1984, as "Wachovia Bank and Trust Company Building".
On April 16, 2001, First Union announced it would acquire Wachovia, through the exchange of approximately $13.4 billion in First Union stock. First Union offered two of its shares for each Wachovia share outstanding. The announcement was made by Wachovia chairman L.M. "Bud" Baker Jr. and First Union chairman Ken Thompson. Baker would become chairman of the merged bank, while Thompson would become president and CEO. First Union was the nominal survivor, and the merged bank was based in Charlotte and adopted First Union's corporate structure and retained First Union's pre-2001 stock price history. However, as an important part of the merger, the merged bank took Wachovia's name and stock ticker symbol.
Westcorp, Western Financial Bank's parent company, WFS Financial Inc. and Wachovia announced a proposed acquisition by Wachovia in September 2005. Westcorp and WFS Financial Inc. shareholders approved the acquisition on Jan. 6, 2006 and on March 1, 2006, the merger was complete. This acquisition made Wachovia the ninth largest auto finance lender in the competitive U.S. auto finance market and provided Wachovia with a small retail and commercial banking presence in Southern California. On February 12, 2007, the former 19 Western Financial Bank branches opened under the Wachovia name. These branches became the launching point for a much larger Wachovia presence in California with the acquisition and integration of World Savings Bank in 2007.