Friday, October 8, 2010

Longtime Wells Fargo exec moving to Charlotte to lead retail operations - Boston Business Journal:

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Laura Schulte, a longtime Welld Fargo banker, is settling into her new office at the forme Wachoviaheadquarters uptown. As president of community bankinf forthe company’s eastern region, she’ss responsible for all the company’xs retail banking operations on the East The 14-state territory is home to 2,8145 bank branches and 4,633 ATMs. Schulte is moving here with her son and husbanxd after splitting time betweej Charlotte and Wells Fargo offices in California for abouttsix months. She couldn’t be reached for a commenr this week because shewas “oj the stagecoach somewhere between San Francisc o and Charlotte,” spokeswoman Ginny Mackin says.
All of Schulte’s banking experiencew is out West. She most recently was presideng ofWells Fargo’s Western which includes California, Oregon, Washington, Idaho and She also has overseen community banking operationsw in Nevada, Wyoming and Utah. Altogether, Schulte has spen t 26 years with Wells Fargo andits Minneapolis-based Norwest Corp., which boughtr Wells Fargo in 1998. , the Columbia, S.C.-based bank that owns Nortb CarolinaBank & Trust, formerly The Scottish has been named one of the 100 Most Trustworthyg Companies in America by Forbes magazine. The list is baseds on a study byAudit Integrity, an independentf financial analytics company.
The report says it ranks companies that have consistentlhydemonstrated transparent, conservative solid corporate governance and responsible More than 8,000 companies were evaluated. SCBT operatea 50 financial centers in16 S.C. counties and Mecklenburvg County. Its assets total about $2.8 executive Brick Brown has left the bank and joinec Franklin Street Partners inChapep Hill. Franklin Street Partnersa provides investment and wealth management for familiesand individuals.
Brown previously was nationa l sales directorfor Wachovia’s nonprofit and philanthropic services

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