Transcript Document

About Wachovia and the
Global Financial Institutions
and Trade Division
About Wachovia
This is Wachovia
 Eleventh largest capitalized bank in the world
 46th largest corporation in the world
(based on market capitalization)
 110,000 employees worldwide
 Superior debt ratings (Senior Debt)
– Moody’s Aa3, S&P A+, Fitch AA 15 million household and business customer
relationships
 77,000 commercial and corporate customers
(Financial Data as of September 30, 2006)
About Wachovia
A Leading U.S. Financial Institution
 Fourth largest bank (assets)
 Third largest branch network
 Third largest deposit share
 Third largest retail brokerage
 Fourth largest letter of credit bank
 Third largest treasury services provider
About Wachovia
A Significant Regional Player with Strategic Growth
Across the Nation
Golden West acquisition
strengthens retail franchise
and growth profile:
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5.9% national market share in
high growth/
high wealth markets
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Creates Top 5 bank in
Western U.S.
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Creates Top 10 Mortgage
Bank
About Wachovia
Wachovia Market Position – Financial Growth
Resulting in strong debt ratings for the corporation…
Global Financial Institutions and Trade Services
About Global Financial Institutions
and Trade Services Group
An International Powerhouse
About Global Financial Institutions
and Trade Services Group
A Significant Presence
 Over 7,000 correspondent banking and trade relationships with 3,000
accounts in 130 countries
 44 offices throughout Europe, Asia and Latin America
 Seven foreign branches in Frankfort, Hong Kong, London, Seoul,
Shanghai, Taipei and Tokyo
 Six U.S.-based international processing centers in Charlotte, Los
Angeles, Miami, New York, Philadelphia and Winston Salem
 Foreign exchange operations in Charlotte, Hong Kong and London
About Global Financial Institutions
and Trade Services Group
Significant Market Share in Correspondent Banking
 No.1 in Asia
 No. 1 in Latin America
 No. 4 in Western Europe
 Among top banks in third party trade outsourcing
 Seventh in CHIPS payment traffic
 Major payments bank
– More than $160 Billion in payments processed each day
 Major check and cash letter bank
– Over 18 million processed each day
(more than any single Federal Reserve bank)
– First bank in world to receive image cash letter sent via SWIFTNet Fileact
Bangkok Representative Office
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First Representative Office in Asia opened 1972
 Named
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1972
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Philadelphia National Bank N.A.
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1990
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CoreStates Bank N.A.
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1998
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First Union National Bank N.A.

2001
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Wachovia Bank N.A.
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Policy “ Banker’s Bank”
Wachovia Bank, NA.
Bangkok Representative Office
Address:12th Floor, Tonson Tower
900 Ploenchit Road
Lumpinee, Pathumwan
Bangkok 10330
Thailand
Telephone:
(662) 257-0322
Fax:
(662) 257-0331
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Numtip Duangdee, Director & Country Manager
Siriwan Pattamavalai, Associate & Customer Service Manager
Mukrat Theinsuttikul, Associate & Marketing Representative
Chanin Srikorakul, Associate & Marketing
Chuensumon Nantavit, Customer Service Specialist
Prapaporn Chonukoolwong, Customer Service Specialist
Kanokvan Pitutip, Customer Service Specialist
About Global Financial Institutions
and Trade Services Group
A Unique Approach
 Partnership vs. competitor approach
 No. 1 bank in the world for overall customer
satisfaction (Flmetrix)
 Wachovia Ranked No. 1 in Overall Satisfaction for Second
Consecutive Year Ranking Determined by FImetrix in a Survey of
Global Financial Institutions
Thank You