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Wells Fargo & Co. does not allow employees to plug personal mobile devices into company IT systems.  Subsequently, many of Wells Fargo’s 270,000 worldwide employees resort to carrying two smartphones, one for company use and another for personal use.  “They can’t connect to our networks,” a company spokesperson said earlier this year in an interview with Networkworld. “We won’t let them.”

Most local Wachovia accounts will convert to Wells Fargo accounts on Saturday, according to Jay Lawrence, Southeast communications manager for Wells Fargo.

Banking will continue as usual for all Wachovia customers during the conversion to Wells Fargo, which announced it was acquiring Wachovia in 2008.

SNL Financial’s quarterly release of the 50 biggest banks and thrifts in the U.S. by assets revealed just what a takeover can do with to a bank ranking. First Niagara Financial Group’s acquisition of NewAlliance Bancshares, Inc., worth $1.15  billion, propelled the regional bank up from number 46 to number 38 among the largest 50. First Niagara’s acquisition of NewAlliance will increase its balance sheet by 42%, plus expands its presence into Connecticut and Massachusetts.  Currently, First Niagara Financial serves upstate New York and western and eastern Pennsylvania. The deal is expected to close in the second quarter of 2011.