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Monday, 26 July 2010

An OMG Fact -

The original name of Bank of America was Bank of Italy.



Amadeo Peter Giannini started Bank of Italy in San Francisco in 1904. The bank was designed for the hardworking immigrants that the big banks refused to serve. After a merger he changed his bank's name to Bank of America. After acquiring Merrill Lynch in 2008, Bank of America is now the world largest wealth manager.

1 comment:

Fathima said...

that is definitely an OMG fact!