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
