Lastest Bank News

September 30th, 2010 | Posted under Bank.

Bank of America Building
Bank

Image by ucumari
Location 600 Peachtree Street Northeast
Atlanta, Georgia
Status Complete
Constructed 1991-1992
Height
Antenna/Spire 1023 ft (312 m)
Technical details
Floor count 55
Cost US0 million
Companies
Architect Kevin Roche, John Dinkeloo and Associates
Structural
Engineer CMB Engineers, Newcomb & Boyd
Services
Engineer CMB Engineers, Newcomb & Boyd

The Bank of America Plaza is a skyscraper located in Midtown Atlanta named for its largest tenant, the Bank of America. Standing 1023 ft (312 m), it ranks as the 26th tallest building in the world. It is also the tallest building in the United States outside of Chicago and New York City, and the tallest building in any U.S. state capital. It has 55 stories of office space and was completed in 1992, when it was called the NationsBank Building. Originally intended to be the headquarters for C&S/Sovran Bank, it became NCNB/NationsBank’s property following the 1991 merger of C&S/Sovran and NCNB.The Bank of America Plaza was the last American skyscraper built to be one of the ten tallest in the world (in the 14 years since its construction all new entries onto the top ten list have been in Asia).
Built in only 14 months (one of the fastest construction schedules for any 1,000 ft (300 m) building), The Plaza’s imposing presence is heightened by the dark color of its exterior. It soars into the sky with vertical lines that reinforce its height while also creating an abundance of revenue-generating corner offices. Located over 3.7 acres (1.5 ha) on Peachtree Street, the tower faces its border streets at a 45-degree angle to maximize the views to the north and south.

There is a 90 ft (27 m) obelisk-like spire at the top of the building echoing the shape of the building as a whole. Most of the spire is covered in 23 karat (96%) gold leaf. The open-lattice steel pyramid underneath the obelisk glows orange at night due to lighting. At its most basic, this is a modern interpretation of the Art Deco theme seen in the Empire State Building and the Chrysler Building. The inhabited part of the building actually ends abruptly with a flat roof. On top of this is built a pyramid of girders, which are gilded and blaze at night.

The building was developed by Cousins Properties and designed by the architectural firm Kevin Roche John Dinkeloo & Associates. According to published reports in Commercial Property News and Commercial Mortgage Alert, the building was recently sold for 6 million– a record price at 8 per square foot– to Bentley Forbes, a Los Angeles real estate investment firm headed by C. Frederick Wehba.

The skyscraper, built at a 45-degree angle to the city’s street grid, is set back off of its eastern and western street boundaries, Peachtree Street and West Peachtree Street, by over 50 yards (45 m). This setback is filled, variously, by driveways, parking garage entrances, potted plants, granite staircases, and sloping lawns. Though the building directly abuts the sidewalk on North Avenue, its northern boundary, the only access to this street is through a parking garage entrance that has been frequently closed since 2001.

Some urban planners decry the building as a Corbusian "tower in a park", as it actively disengages itself from the urban environment surrounding it. Because it includes no street-level pedestrian entrance and entirely omits sidewalk-facing retail space, critics argue that the building encourages its tenants to access it primarily by car and to remain inside the complex during the day.

In recent years, developers have rumored that the land under the surrounding driveways and lawns may soon be ripe for redevelopment into low- and mid-rise mixed-use buildings with street-fronting uses as the area urbanizes and the value of land in Midtown Atlanta increases.

It is sometimes locally referred to as the "pencil building", for its resemblance to a pencil, and by others as the "cigarette building" for the tendency of its backlit pyramidal crown to produce steam on a cold, humid night.

Trivia
Two low-power TV stations currently share an antenna at the top of the building: WANN-LP (32), and WDTA-LP (53), though the latter has applied to move about a half-mile south. In addition, the tower also hosts several Amateur Radio repeaters.

Its design has been characterized as similar to the Messeturm in Frankfurt am Main, Germany.

Because of the structure’s height and location two blocks from campus, Georgia Tech freshmen students are told to head towards it whenever they need to get back to campus from off-campus excursions.

The Bank of America Building in Atlanta is the tallest building in the southern half of the United States, from East coast to West Coast

Source:Wikipedia

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Lastest Bank News

September 29th, 2010 | Posted under Bank.

First Interstellar Space Bank of Space
Bank

Image by Profound Whatever
I’ve gone and made a space bank.

I’ve also gone and decided I’m not going to become a spacer anytime soon. I just can’t fill a wall. Space-y walls can’t just be blank, flat, solid-color monoliths; they need something to make them sci-fi-ier, and I can’t really figure out what that something should be without copying someone else’s design. Greebles just aren’t my specialty, and their absence here is a bit of a flaw, in my opinion.

That said, I did get to make some weird characters, so that was fun. I never thought I’d use the Mr. Krabs head again.

There’s one missing picture in which the entire structure is next to my usual can of Pringles, just for a sense of scale. The thing is massive… for me.

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Lastest Bank News

September 28th, 2010 | Posted under Bank.

IMF Says BOE Should Buy Assets If Recovery Falters; Sees 2% Growth in 2011
The Bank of England should restart its asset-purchase program to stimulate the economy if the recovery falters, the International Monetary Fund said.
Read more on Bloomberg

Pope meets under-fire head of Vatican bank
Pope Benedict XVI met the head of the Vatican bank yesterday in a show of support for the banker despite Italian authorities investigating him as part of a money laundering probe, Ansa news agency reported.
Read more on Gulf Times

Settlement Slowdown Ends In The West Bank
Israeli settlers say they will slowly resume building new Jewish homes in West Bank settlements, just hours after a construction ban expired.
Read more on WESH 2 Orlando

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Lastest Bank News

September 27th, 2010 | Posted under Bank.

Bank of America Layoffs Coming: Report
Bank of America may see cut in its capital markets business, according to a report.
Read more on TheStreet.com

FBI: Florida bank standoff over, robbers at large
CORAL GABLES, Fla. (AP) – The FBI says robbers kidnapped a Miami-area bank employee, strapped a possible bomb to his chest and used him to steal money from the bank.
Read more on FOX30 / CBS47 Jacksonville

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Lastest Bank News

September 26th, 2010 | Posted under Bank.

Vatican bank chief laments damaged image
The chairman of the Vatican bank is questioning why Italian prosecutors seized euro23 million ($ 30 million) from a Vatican bank account for alleged violations of Italy’s anti-money laundering laws.
Read more on KSWO Lawton-Wichita Falls

Vatican bank chief laments damaged image
VATICAN CITY – The chairman of the Vatican bank is questioning why Italian prosecutors seized €23 million ($ 30 million) from a Vatican bank account for alleged violations of Italy’s anti-money laundering laws.
Read more on The Canadian Press via Yahoo! Canada News

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Lastest Bank News

September 25th, 2010 | Posted under Bank.

Deutsche Bank to offer euro25 per share for Postbank
Deutsche Bank AG says it will offer euro25 ($ 32.69) per share for retail lender Deutsche Postbank AG in a takeover bid that will underpinned by a large capital increase. Germany’s biggest bank currently owns just under 30 percent of Postbank. It announced its… Germany – Deutsche Bank – Deutsche Postbank – Business – Takeover
Read more on San Francisco Chronicle

Bank robber gets less time than getaway driver
A man who robbed a bank in Wilson will serve less time for the crime than his getaway driver.
Read more on The Morning Call

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Lastest Bank News

September 8th, 2010 | Posted under Bank.

Bank of Japan keeps rates unchanged at 0.1%
Japan’s central bank on Tuesday kept its key interest rate unchanged at 0.1 percent to continue nurturing a moderate recovery, but signalled stronger concern about the impact of a surging yen.
Read more on AFP via Yahoo! Asia News

Barclays bank picks American Diamond as new head
British bank Barclays said on Tuesday it had chosen American Bob Diamond head of its highly successful investment banking unit to become chief executive in place of incumbent John Varley.
Read more on AFP via Yahoo! UK & Ireland News

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Lastest Bank News

September 7th, 2010 | Posted under Bank.

Swedish Bank Carnegie Buys Troubled Competitor
Swedish investment bank Carnegie buys troubled competitor HQ Bank Business – Financial Services – Banking Services – Banks and Institutions – Hagströmer & Qviberg
Read more on ABC News

Kabul Bank Woes Spur Call For Another U.S. Treasury Bailout
Kabul Bank’s woes tied to senior officials now forced out spurs calls for a U.S.bailout.
Read more on NPR

Exclusive: Debt-ridden Owls seek lifeline from bank today
SHEFFIELD Wednesday’s immediate future was in the balance last night with the club awaiting the outcome of critical talks with its bank ahead of a High Court hearing tomor
Read more on Yorkshire Post

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September 6th, 2010 | Posted under Bank.

Long lines at troubled Kabul Bank
Afghans have continued to withdraw money from the country’s largest bank, Kabul Bank, over fears it may collapse.
Read more on BBC News

Business : Bank Rakyat On Product Promotion Blitz To Woo Clients
KOTA BAHARU, Sept 3 (Bernama) — Bank Rakyat has intensified its promotions drive to introduce new products via its branches in Kelantan.
Read more on Bernama

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Lastest Bank News

September 5th, 2010 | Posted under Bank.

Pair to face trial in bank card case
A Leechburg man and his sister face trial in Indiana County Common Pleas Court on allegations that they used their mother’s bank card to withdraw cash from her First Commonwealth Bank account without consent.
Read more on The Indiana Gazette

Bank rob suspect shot in Mass.
EVERETT, Mass. (AP) — A suspected bank robber is in critical but stable condition after he was shot by police, detained and charged with armed assault with intent to murder and armed robbery in Everett.
Read more on WCSH 6 Portland

Sampo Bank PLC UK Regulatory Announcement: FRN Variable Rate Fix
LONDON–(BUSINESS WIRE)–Sampo Bank Plc EUR 8,000,000.00 Floating Rate Nts due 2011 Sr 76 Tr 1 MTN ISSUE NAME. Our Ref. M76713 ISIN Code. XS0256294934 INTEREST AMT PER DENOM. CURRENCY CODE. EUR DAY BASIS. Actual/360 (A004) NUM OF DAYS. 91 INTEREST RATE. 0.988 PCT VALUE DATE. 01/12/2010 INTEREST PERIOD. 01/09/2010 TO 01/12/2010 EUR 50,000.00 IS EUR 124.87 POOL FACTOR. N/A
Read more on Business Wire

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September 4th, 2010 | Posted under Bank.

WWW.THEBANK.LA
Video Rating: 5 / 5

IMF, World Bank step up aid to Pakistan
IMF and World Bank step up aid to flood-hit Pakistan to help it cope with its worst-ever humanitarian disaster.
Read more on Daily Telegraph

IMF, World Bank step up aid to Pakistan
IMF and World Bank step up aid to flood-hit Pakistan to help it cope with its worst-ever humanitarian disaster.
Read more on Herald Sun

IMF, World Bank step up aid to Pakistan
IMF and World Bank step up aid to flood-hit Pakistan to help it cope with its worst-ever humanitarian disaster.
Read more on The Courier Mail

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September 3rd, 2010 | Posted under Bank.

MOVES-Deutsche Bank, JPMorgan, Morgan Stanley, RBS
ROYAL BANK OF SCOTLAND The British lender said Matthew Shuman has joined its Fixed Income Currencies & Commodities Prime Brokerage team in the Americas. Joining as a director, Shuman will dually report to Craig Donaldson, Head of North America Financial Institution FX and Prime Brokerage Sales, and will be based in Stamford. STANDARD CHARTERED BANK The bank appointed Yi Meng to the newly …
Read more on Reuters via Yahoo! Singapore News

Atlanta police arrest bank robber
Atlanta police arrest bank robber
Read more on Atlanta Journal-Constitution

Bank to hold fire as growth cools – Reuters poll
A cooling global economy and an impending austerity squeeze in Britain will make the Bank of England wait well into next year before hiking interest rates a Reuters poll of 60 economists showed on Wednesday.
Read more on Reuters via Yahoo! UK & Ireland News

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September 2nd, 2010 | Posted under Bank.

Bank employees may go on strike on Sept 7
A section of bank employees will go on strike on September 7 in protest against the disinvestment policy of the government and the price rise.
Read more on Business Standard India

Kabul Bank braces for run on deposits after doubts
KABUL – Managers of Afghanistan’s largest bank braced for a run on deposits Thursday, a day after nervous customers showed up in droves to take out their money following the resignation of two top executives allegations of mismanagement and unorthodox lending practices.
Read more on The Canadian Press via Yahoo! Canada News

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