Charlotte has become a major U.S. financial
center and is now the second largest banking center in the United States (after
New York). The nation's second largest financial institution by assets, Bank of
America, calls the city home. The city was also the former corporate home of
Wachovia until its 2008 acquisition by Wells Fargo in San Francisco CA; Wells
Fargo integrated legacy Wachovia, with the two banks fully merged at the end of
2011, which included transitioning all of the Wachovia branches in the
Carolinas to Wells Fargo branches by October 2011. Since then, Charlotte became
the regional