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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, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
