SOURCE: Rothman Research

Rothman Research

August 27, 2010 08:49 ET

Research Reports on Bank of America and US Bancorp -- U.S. Banks Still Cautious

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 27, 2010) -  www.RothmanResearch.com provides members a complete scrutiny of the U.S. banks industry with thorough research on Bank of America Corporation (NYSE: BAC) and US Bancorp (NYSE: USB). Sign up now on www.rothmanresearch.com to access these free reports.

U.S. banks have made some recovery since the housing crisis debacle, but new government data is threatening the potential comeback. New home sales in July fell over 12 percent, dropping the rate of sales to the lowest on record. This negative housing data is particularly troublesome to big U.S. banks, as they still retain many bad mortgages. If housing prices fall, banks will be left to make up the difference.

www.rothmanresearch.com is a source for investors seeking free information on the U.S. banks industry; investors and shareholders of Bank of America Corporation, US Bancorp and other companies in the industry are encouraged to sign up for free at http://www.rothmanresearch.com/index.php?id=6&name=Register.

Home equity loans to customers whose property values are hovering near their loan amount are also of concern to the banks, as again, if housing prices fall, banks could potentially be caught out.

While Governmental data is not positive, the banking industry has been attempting numerous approaches to gain traction. To try and trim expenses, some banks like Bank of America Corp. are now paying out less interest to savers than ever before. Some large banks like USB Bancorp. are also hoping for positive results from the recent acquisition of small to mid-range banks. USB has recently consented in the takeover of First National Bank's subsidiary First National Trust Co. With some of the smaller financial institutions in trouble, larger banks have been scooping up companies at a discount, in an attempt to round out their services and grab more of the market share. www.rothmanresearch.com research team provides investors with insight about Bank of America Corporation and US Bancorp by registering now at

http://www.rothmanresearch.com/article/bac/23917/Aug-27-2010.html or

http://www.rothmanresearch.com/article/usb/23918/Aug-27-2010.html

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