If My Bank Account Is Closed by the Bank, Does It Mean I Can't Open Another Account?

Answer Banks close accounts for a variety of reasons, and depending on the reason your bank closed your account, you may find it difficult to open a new account at the same bank or even at another institu... Read More »

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Who bought Nations Bank?

In 1998 the NationsBank merged with the Bank of America to become the third-largest bank in America. The new entity was called the Bank of America, and since NationsBank was headquartered in Charlo... Read More »

Who bought out wachovia bank?

In December 2008, Wells Fargo bought Wachovia Bank, winning the battle against Citigroup. Wachovia now has combined financial services and banking conveniences with Wells Fargo. Additionally, Wacho... Read More »

Was it right that high level bank exectives got bonuses in the US bank bailout?

Dude , you're trying to apply logic to a place that is foreign to logicthey stack the deck in their favour by loading the boards with all their croniesthey repay the favour by doing the same in kin... Read More »

What is the difference between a commercial bank and a savings&loan bank?

Both a commercial bank and a savings and loan accept deposits. But they differ in terms of the loans they primarily make and in what institutions regulate their operation.GovernanceA savings and lo... Read More »