Bank Of America (1904–1998)
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Bank Of America (1904–1998)
__NOTOC__ Bank of America, formerly known as the Bank of Italy, was founded in San Francisco, California, United States, on October 17, 1904, by Amadeo Giannini, Amadeo Pietro Giannini. By 1945, it had grown by a Branch (banking), branch banking strategy to become the world's largest commercial bank with 493 branches in California and assets totaling $5 billion. History The Bank of Italy was established to serve working class citizens of the area, especially Italian Americans living in San Francisco's North Beach, San Francisco, North Beach neighborhood. The bank survived the 1906 San Francisco earthquake, San Francisco earthquake and fire of 1906, after Amadeo Pietro Giannini saw an approaching fire and filled the bank assets in the back of his horse-drawn cart which he rode to his San Mateo, California, San Mateo home. It was one of the first banks to offer loans to businesses to help rebuild the city. The first location of the bank was in Jackson Square, San Francisco, ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Bank Of America, Los Angeles
The Bank of America, Los Angeles, was established in 1923 by Orra E. Monnette, emerging from a series of mergers between Los Angeles–based banks between 1909 and 1923. The formation of BoA L.A. predates the creation of the Bank of America, merging with the Bank of Italy in 1928-29, which formed Bank of America. History Bank of America, Los Angeles was formed when Monnette purchased controlling interest of the Los Angeles based American National Bank of Los Angeles (ANB) using profits from his father's silver mine in Tonopah, Nevada. In 1909, ANB was merged into Citizens Trust and Savings Bank; in 1911, Monnette purchased the Broadway Bank and Trust Company, which when merged with the family’s other holdings formed the Citizens Bank and Trust Company. In 1923, Citizens Bank and Trust Company was renamed Bank of America, Los Angeles. Monnette's intention was to build capital for national expansion with Amadeo Giannini, founder of San Francisco-based Bank of Italy The Ba ...
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Banks Based In California
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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Matthew Josephson
Matthew Josephson (February 15, 1899 – March 13, 1978) was an American historian, biographer and journalist. He authored works on French novelists of the 19th century, and on U.S. political and economic history of the 19th and early 20th centuries. He popularized the term " robber baron" in his best-selling 1934 book ''The Robber Barons'' about the first American tycoons. Biography He was born in Brooklyn, New York on February 15, 1899, to Jewish immigrant parents Julius and Sarah (née Kasindorf) Josephson. His father was from Iasi, Romania and his mother from Rostov-na-Donu, Russia. Julius Josephson was a successful printer who became a bank vice president before his death in 1925. Matthew graduated from Columbia University in 1920 and married Hannah Geffen. They lived in Europe in the 1920s. His wife, librarian of the American Academy of Arts and Letters and an author in her own right, worked closely with her husband on various projects throughout their careers. In 194 ...
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Banca D'America E D'Italia
Deutsche Bank S.p.A. is an Italian bank based in Milan, Lombardy. It is a subsidiary of Deutsche Bank A.G. History Banca dell'Italia Meridionale was found in 1917. It was acquired by Amadeo Giannini, the founder of Bank of Italy (United States) in 1922. The bank was renamed to Banca d'America e d'Italia (literally the ''Bank of America and Italy''). In December 1986 Deutsche Bank acquired 98.3% voting rights of the bank. In 1994 the bank was renamed to Deutsche Bank S.p.A.. In 1994 the DB Italy also acquired Banca Popolare di Lecco. In 1999 DB Italy acquired 20% shares of Cassa di Risparmio di Asti which was sold to Banca Popolare di Milano in 2004. From 2000 to 2003 the bank also had a minority interests in Banca di Cividale Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * .... Ref ...
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Bank Of Italy (other)
Bank of Italy is the Bank of Italy or Banca d'Italia, the central bank of Italy. Or it may refer to: *Bank of Italy (United States), a bank established in San Francisco, California and the forerunner of the Bank of America. Or Bank of Italy or Bank of Italy Building may refer to individual bank buildings: * Bank of Italy (Fresno, California), listed on the National Register of Historic Places in Fresno County, California * Bank of Italy (Livermore, California), listed on the National Register of Historic Places in Alameda County, California * Bank of Italy (Paso Robles, California), listed on the National Register of Historic Places in San Luis Obispo County, California * Bank of Italy Building (San Francisco), California, a U.S. National Historic Landmark, listed on the National Register of Historic Places *Bank of Italy Building (San Jose, California) The Bank of Italy Building is a 14- story, Renaissance Revival high-rise office building on the corner of South First Street ...
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Bank Of Italy (Fresno, California)
The Bank of Italy (Italian: ''Banca d'Italia'', , informally referred to as ''Bankitalia'') is the national central bank for Italy within the Eurosystem. It was the Italian central bank from 1893 to 1998, issuing the lira. Since 2014, it has also been Italy's national competent authority within European Banking Supervision. It is located in Palazzo Koch, via Nazionale, Rome. History The institution was established in 1893 from the combination of three major banks in Italy (after the Banca Romana scandal).Alfredo Gigliobianco and Claire Giordano"Economic Theory and Banking Regulation: The Italian Case (1861-1930s)" ''Quaderni di Storia Economica'' (''Economic History Working Papers''), No. 5, November 2010 The new central bank first issued banknotes during 1926. Until 1928, it was directed by a general manager, after this time instead by a governor elected by an internal commission of managers, with a decree from the President of the Italian Republic, for a term of seven years. ...
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Bank Of Italy (Tracy, California)
The Bank of Italy in Tracy, California, also known as the Old Bank of America Building, the American Bank of Tracy, and the Kagehiro Building, is a historic bank building completed in 1919. It was added to the National Register of Historic Places in 1985. With History The Bank of Italy building is a two-story brick commercial structure with a second-story window arcade. It was completed in 1919. It cost $35,000 to build at the time and is still intact. Originally, the building was the American Bank of Tracy, founded by Philip Fabian and Abe Grunauer. In 1921, the building was purchased and became a branch of A. P. Giannini's Bank of Italy, and subsequently Bank of America. See also *Bank of Italy (United States) The Bank of Italy ( Italian: ''Banca d'Italia'', , informally referred to as ''Bankitalia'') is the national central bank for Italy within the Eurosystem. It was the Italian central bank from 1893 to 1998, issuing the lira. Since 2014, it has a ... Referenc ...
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Bank Of Italy (Visalia, California)
The Bank of Italy (Italian: ''Banca d'Italia'', , informally referred to as ''Bankitalia'') is the national central bank for Italy within the Eurosystem. It was the Italian central bank from 1893 to 1998, issuing the lira. Since 2014, it has also been Italy's national competent authority within European Banking Supervision. It is located in Palazzo Koch, via Nazionale, Rome. History The institution was established in 1893 from the combination of three major banks in Italy (after the Banca Romana scandal).Alfredo Gigliobianco and Claire Giordano"Economic Theory and Banking Regulation: The Italian Case (1861-1930s)" ''Quaderni di Storia Economica'' (''Economic History Working Papers''), No. 5, November 2010 The new central bank first issued banknotes during 1926. Until 1928, it was directed by a general manager, after this time instead by a governor elected by an internal commission of managers, with a decree from the President of the Italian Republic, for a term of seven years. ...
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Bank Of Italy, Merced
The Bank of Italy is a historic bank building located at the intersection of Main and Canal Streets in Merced, California. Opened in 1928, the bank was Merced's branch of the Bank of Italy. Henry A. Minton designed the building in the Classical Revival style. The bank's design includes a flat, clay tile roof with terra cotta mansards and an ornamental cornice and frieze. Five Corinthian columns are situated on the building's Main Street facade, and seven pilasters face Canal Street. The first and second floors of the bank are separated by a decorative band of panels; the band features alternating square panels displaying an Indian head or an eagle separated by rectangular panels with a diamond design. The building's exterior is mostly faced in Travertine marble; the base is faced in granite, and parts of the first floor were covered with stucco in the 1950s. The building is known locally as the "Mondo Building." From 2004 through 2019 the building was leased to UC Merced as admin ...
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Old Bank Of America Building (San Jose, California)
The Bank of Italy Building is a 14-story, Renaissance Revival high-rise office building on the corner of South First Street and Santa Clara Street in downtown San Jose, California. Built in 1925–26 as San Jose's first skyscraper, it has a red-tile hip roof and a decorative cupola with a needle-like spire featuring a tall green light. It is a designated San Jose Historical Landmark and part of the Downtown Historic District. History Built in 1925–26 to a design by architect Henry A. Minton, the Bank of Italy Building is one of the oldest skyscrapers in Silicon Valley. Until 1970, it was the tallest building between San Francisco and Los Angeles. It was the second home of the first San Jose branch of the Bank of Italy (which later became the Bank of America). That branch, the first Bank of Italy branch outside San Francisco, was opened in 1909 in the Commercial and Savings Bank building further west on Santa Clara St. at the corner of Lightston Alley; a reconstruction is ...
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Charlotte, North Carolina
Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina and the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United States census, 2020 census, making Charlotte the List of United States cities by population, 14th-most populous city in the United States, the seventh-most populous city in Southern United States, the South, and the second-most populous city in the Southeastern United States, Southeast behind Jacksonville, Florida. Charlotte is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose estimated 2023 population of 2,805,115 ranked Metropolitan statistical area, 22nd in the United States. The Charlotte metropolitan area is part of an 18-county market region and combined statistical area with an estimated population of 3,387,115 as of 2023. Between 2004 and 2014, Charlotte was among the country's fastest-grow ...
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