Wachovia financial chief Wurtz plans to leave
Wachovia, which on Tuesday posted a record $8.86 billion second-quarter loss, said Chief Financial Officer Thomas Wurtz plans to leave the fourth-largest US bank after a successor is named.
Wachovia Corp., the biggest bank in the Philadelphia region and the fourth-largest in the nation, ousted its chief executive today, adding to the ranks of top financial executives felled by credit-market turmoil.