Question: Are both TD Securities and Wachovia Securities investment banks?
Sentence (from "Wachovia Securities"): Following Wachovia's merger with Wells Fargo and Company on December 31, 2008, the retail brokerage became Wells Fargo Advisors on May 1, 2009 and the institutional capital markets and investment banking group became Wells Fargo Securities on July 6, 2009.
Relevant evidence: No