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Wells Fargo & Co. continues to integrate former branches of Wachovia Bank NA and has completed nearly half of its conversion activities in eastern U.S. markets, the company told SNL Financial.
The company has steadily integrated various Wachovia markets since 2009, when it began the process in Colorado as financial markets recovered from the unrest of the previous nine months. Wells had started down the path to becoming a coast-to-coast powerhouse when it grabbed the troubled Charlotte, N.C.-based lender away from rival suitor Citigroup Inc.
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