Wachovia expands its fixed-income business

Bank profile

“We think of ourselves as fixed-income scientists,” says Curtis Arledge, head of the recently expanded fixed-income division at Wachovia Securities, the corporate and investment banking arm of leading US financial services firm Wachovia Corporation, based in Charlotte, North Carolina. “We really understand cashflows, structures and credit.”

This scientific approach has been crucial for the bank increasing its fixed-income business by stealth, from a standing start 10 years ago until it is now a

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