Bank Advisor News and Updates



Some of the top banks in America include Bank of America, Wells Fargo, Citibank, Chase, and HSBC. Wachovia bank was recently acquired by Wells Fargo bank headquartered in California. The bank has traditional branches offering customers checking, savings and traditional banking services. They offer home mortgages, home equity, education, personal and auto loans as well. They have a friendly website to offer online banking to their customers. After merger with Wells Fargo, they offer a vast network of ATMs to their customers as well. Before Wachovia bank was acquired it had a strong franchise of providing financial products to customers which is still continuing after the acquisition. They offer brokerage services, IRAs, insurance products to their customers. They have small business loan programs and offer business checking and offer many business related services and products.

Atlanta based Suntrust is nations largest and strongest banking company operating 1600 branches and 2807 ATMs across many states in US. It provides technological banking through different channels of delivery like internet banking, ATM banking, phone banking etc. Through its banking subsidiaries it offers all range of banking products like acceptance of deposits, lending, trust and investment services to broad range of customers. Through other subsidiaries it offers mortgage loans, investment banking, equipment leasing and capital market services. It provides efficient services and offers loan products etc without any speed breakers. It enjoys nation wide leadership processions. LIVE SOLID BANK SOLID is more than a slogan with Suntrust. Besides banking Suntrust believes in building up of communities. It believes in the dictum Build your community you Build your Bank. Because of its excellent community service Suntrust is able get Outstanding Community Reinvestment act (CRA) rating from Federal Reserve Bank of Atlanta. This is the highest rating achieved by any bank. Suntrust extends housing loans and business loans to people of moderate means and believes very strongly in the development of community and there by developed the bank. This has been successfully demonstrated by Suntrust wherever they operate. Suntrust extends technologically efficient banking service to its clients and firmly believes in development of community and so this bank can be highly recommended for the prospective clients in the districts where it operates.

Regions Bank is a great place to put your money. They offer a full range of services for personal, small business, and commercial banking. Anyone looking for a place to put their money will be impressed by the services offered at this bank. They have online AND mobile banking which allows you to pay bills and transfer funds from your cell phone, which is a great option when you don't have the time to stop and write checks. Their mobile banking allows you access to all of your accounts that you can access on your online banking. Making banking with Regions a great convenient way to keep track of your money. Checking accounts at regions are free if you use direct deposit, and there is overdraft protection and a Visa Platinum CheckCard available. They even offer assistance if you are having trouble making your loan payments! Regions is committed to excellent customer service and proves it with many free services to help you manage your money in these difficult times. They offer peace of mind by keeping your banking expenses to a minimum!



National Bank of Abu Dhabi Said to Meet Bond Buyers (Update1) (Bloomberg)


14 March 2010
March 14 (Bloomberg) -- National Bank of Abu Dhabi PJSC , the United Arab Emirates’ second-biggest bank by assets, will begin investor meetings this week to sell a benchmark-size bond, three bankers familiar with the plan said.

'Frugal felon' on run after striking Houston bank again (Houston Chronicle)


14 March 2010
A bank robber who authorities call the “frugal felon“ struck again Saturday morning at an east Houston bank, FBI officials said.

Police hunt armed bank robber (The Age)


14 March 2010
Police are hunting an armed thief who robbed a bank in Victoria's south-east last week.

China Merchants Bank Raises 17.76 Billion Yuan in A-Share Offer (Bloomberg)


14 March 2010
March 15 (Bloomberg) -- China Merchants Bank Co. issued 2 billion so-called A-shares in a rights offer, raising 17.76 billion yuan, according to a filing to Shanghai’s stock exchange. The company sold the shares at 8.85 yuan each, according to the statement.

Japan Post Bank Buys 300 Billion Yen of Treasuries, Nikkei Says (Bloomberg)


14 March 2010
March 15 (Bloomberg) -- Japan Post Holdings Co.’s bank unit purchased 300 billion yen ($3.3 billion) in U.S. Treasuries in the three months ended Dec. 31 as it diversifies away from Japanese government bonds, Nikkei English News said, without citing anyone.

Reserve Bank of Australia Assistant Governor Edey Speech (Text) (Bloomberg)


14 March 2010
March 15 (Bloomberg) -- Following is the text of Reserve Bank of Australia Assistant Governor Malcolm Edey ’s speech today in Sydney. The address titled “Competition and Regulation in the Card Payments Market,” was delivered to Cards & Payments Australasia 2010.

Israel arrests top Hamas official in West Bank (Reuters via Yahoo! News)


14 March 2010
Israeli forces arrested a senior Hamas figure on Sunday after a raid in the town of Ramallah, the seat of the West Bank-based Palestinian government, the Israeli military said.

China's Guangdong Bank aims for IPO next year -source - Reuters


14 March 2010
China's Guangdong Bank aims for IPO next year -sourceReutersSHANGHAI, March 15 (Reuters) - China's Guangdong Development Bank, controlled by Citigroup (CN), is drafting plans for an initial public offering that will ...Bank of China, China Eastern, Shenhua: China Equity PreviewBusinessWeekGuangdong Bank to Pursue IPOWall Street Journalall 4...

FBI: Second man arrested in separate bank robbery - Houston Chronicle


14 March 2010
FBI: Second man arrested in separate bank robberyHouston ChronicleA bank robber who authorities call the “Frugal Felon“ struck again Saturday morning at a east Houston bank, FBI officials ...and more »...

Japan Post Bank Buys 300 Billion Yen of Treasuries, Nikkei Says - Bloomberg


14 March 2010
Japan Post Bank Buys 300 Billion Yen of Treasuries, Nikkei SaysBloombergMarch 15 (Bloomberg) -- Japan Post Holdings Co.'s bank unit purchased 300 billion yen ($3.3 billion) in US Treasuries in the three months ...Press: Japan Post Bank Invested Y300bn In US Treasuries In Q4Market News Internationalall 90 news articles »...

Bank of America Seeks to Expand in China - Wall Street Journal


14 March 2010
ReutersBank of America Seeks to Expand in ChinaWall Street JournalBank of America Corp. plans to seek approval from China to expand its operations in the fast-growing country, ...Bank of America, New York City Controller Liu Reach Disclosure Agreement On ...BenzingaBank of America (NYSE: BAC) Seeing Growth in Retirement Asset ManagementAmerican Ban...

Police seek woman in Fairfax bank robberies - Washington Post


14 March 2010
Police seek woman in Fairfax bank robberiesWashington PostPolice are looking for a young woman who they believe has robbed several banks in Fairfax County and who struck again on Saturday afternoon in ...Female Bank Robber Strikes Again?NBC WashingtonFemale Bank Robber Strikes AgainNews Channel 8all 5 news articles »...

West Bank closure extended as Muslims called to Mount - Jewish Telegraphic Agency


14 March 2010
ReutersWest Bank closure extended as Muslims called to MountJewish Telegraphic AgencyJERUSALEM (JTA) -- The Israeli army extended its closure of the West Bank as the Palestinian leadership called for Muslims to gather at the Temple Mount. ...Israel arrests top Hamas official in West BankReutersIsrael captures senior Hamas militant in West BankAFPIs...

Bank of America Making Progress with Home Affordable Modifications - MyBankTracker.com


14 March 2010
ABC NewsBank of America Making Progress with Home Affordable ModificationsMyBankTracker.comBank of America (BAC) has made the Home Affordable Modification Program (HAMP) the focus of its campaign on to alleviate some of the difficulty for those ...Bank of America Boosts Mortgage ModificationsWall Street JournalBank Of America Boosts Loan Modificati...