Wachovia masters its niche

Though not a strong brand in the region, this US bank is doing good business in correspondent banking and trade finance and has big plans for 2003.

It may be the fifth largest bank in the US, but Wachovia is not a familiar name to many Asian corporate executives. And if the North Carolina-based bank continues to dominate its niche effectively, then it is unlikely that it will come onto the radar screens of local financial officers.

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