Financial Stocks Reports= Zions Bancorp (NASDAQ:ZION), Bank of New York Mellon Corp (NYSE:BK)

Zions Bancorp (ZION) provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash administration and related products and services; and residential mortgage servicing and lending.

It also provides trust and wealth administration services; capital markets services, counting municipal finance advisory and underwriting; and investment services.

In addition, the company offers personal banking services to individuals, counting home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, safe deposit facilities, direct deposits, and Internet and mobile banking services.

Further, it provides online and traditional brokerage services; small business administration and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2015, the company operated 450 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.

Bank of New York Mellon Corp (BK) provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services. The company offers investment administration; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash administration; banking services; and clearing services.

It also provides mutual funds, separate accounts, wealth administration and private banking services; and broker-dealer services, registered investment advisory services, prime brokerage services, and working capital solutions.

In addition, the company is involved in credit-related activities, business exits, leasing operations, and corporate treasury activities; and the provision of global markets and institutional banking services. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

 

 

 

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