Utilize the input text as a context reference, choose the right relationship between Wachovia and Wells Fargo from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

At the height of the financial crisis, JPMorgan took over Bear Stearns Cos. and Washington Mutual Inc.’s bank units while Wells Fargo bought Wachovia Corp.
owned_by