Almost immediately after the quake (and even during the disaster), planning and reconstruction plans were hatched to quickly rebuild the city. Rebuilding funds were immediately tied up by the fact that virtually all the major banks had been sites of the conflagration, requiring a lengthy wait of seven-to-ten days before their fire-proof vaults could cool sufficiently to be safely opened. The Bank of Italy had evacuated its funds and was able to provide liquidity in the immediate aftermath. Its president also immediately chartered and financed the sending of two ships to return with shiploads of lumber from Washington and Oregon mills which provided the initial reconstruction materials and surge. In 1929, Bank of Italy was renamed and is now known as Bank of America. https://en.wikipedia.org/wiki/1906_San_Francisco_earthquake
以上。
The Bank of Italy was founded in San Francisco, California, United States, on
October 17, 1904
[1] by Amadeo Giannini. It grew by a branch banking strategy to become the Bank of America, the world's largest commercial bank, with 493 branches in California and assets of $5 billion in 1945.[2]
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The Bank of Italy Building, also known as the Clay-Montgomery Building, is a building in San Francisco, California.[2] This eight-story building became the headquarters of A. P. Giannini's Bank of Italy (precursor to the Bank of America) in 1908 after the 1906 San Francisco earthquake and fire destroyed the original bank building on
