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Article

2 Jun 2005

Author:
Katie Benner, CNN/Money

Wachovia apologizes for slavery ties - Bank satisfies Chicago ordinance requiring companies with city contracts to disclose slavery ties [USA]

Wachovia Corporation has apologized for its ties to slavery after disclosing that two of its historical predecessors owned slaves and accepted them as payment. [also refers to Georgia Railroad and Banking Company, Bank of Charleston (now both part of Wachovia); JPMorgan Chase; lawsuits against RJ Reynolds (part of Reynolds American), Aetna]