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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 to form the Bank of America. History The 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 1911. 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 the San Francisco-based Bank of Italy ...
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Orra E
Orra or ORRA may refer to: People: * Orra White Hitchcock (1796–1863), American scientific illustrator * Orra E. Monnette (1873–1936), American attorney, author and banker Other: *Orra Jewellery, Indian jewellery store chain *Oria, Apulia, village in southern Italy *Oriental Rug Retailers of America *Obamacare Repeal Reconciliation Act of 2017, a proposed name for the American Health Care Act of 2017 See also *Ora (other) ORA or Ora may refer to: Arts and entertainment * ''Ora'' (film), a 2011 experimental dance film * Rita Ora (born 1990), British-Albanian singer-songwriter and actress * ''Ora'' (Jovanotti album), 2011 * ''Ora'' (Rita Ora album), 2012 * "Ora" ...
{{disambiguation, given name ...
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Bank Of Italy (United States)
__NOTOC__ The Bank of Italy was founded in San Francisco, California, United States, on October 17, 1904, by Amadeo Pietro Giannini. It grew by a branch banking strategy to become Bank of America, the world's largest commercial bank, with 493 branches in California and assets of $5 billion in 1945. History The bank was established to serve working class citizens of the area, especially Italian Americans living in San Francisco's North Beach neighborhood. The bank survived the 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 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 in 1904, the original building is no longer standing but the location is the home of the Colombo Building (1909). The Bank of Italy building was opened in 1908—which la ...
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Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered ...
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Los Angeles, California
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world's most populous megacities. Los Angeles is the commercial, financial, and cultural center of Southern California. With a population of roughly 3.9 million residents within the city limits , Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The city of Los Angeles lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to it's east. It covers about , and is the county seat of Los Angeles County, which is the most populous county in the United States with an estim ...
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Tonopah, Nevada
Tonopah ( , Shoshoni language: Tonampaa) is an unincorporated town in, and the county seat of, Nye County, Nevada, United States. It is located at the junction of U.S. Routes 6 and 95, approximately midway between Las Vegas and Reno. In the 2010 census, the population was 2,478. The census-designated place (CDP) of Tonopah has a total area of , all land. History The American community began circa 1900 with the discovery of silver-rich ore by prospector Jim Butler. The legendary tale of discovery says that he went looking for a burro that had wandered off during the night and sought shelter near a rock outcropping. When Butler discovered the animal the next morning, he picked up a rock to throw at it in frustration, noticing that the rock was unusually heavy. He had stumbled upon the second-richest silver strike in Nevada history. Men of wealth and power entered the region to consolidate the mines and reinvest their profits into the infrastructure of the town of Tonopah. Geo ...
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Nevada
Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the List of U.S. states and territories by area, 7th-most extensive, the List of U.S. states and territories by population, 32nd-most populous, and the List of U.S. states and territories by population density, 9th-least densely populated of the U.S. states. Nearly three-quarters of Nevada's people live in Clark County, Nevada, Clark County, which contains the Las Vegas–Paradise, NV MSA, Las Vegas–Paradise metropolitan area, including three of the state's four largest incorporated cities. Nevada's capital is Carson City, Nevada, Carson City. Las Vegas is the largest city in the state. Nevada is officially known as the "Silver State" because of the importance of silver to its history and economy. It is also known as the "Battle ...
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California Department Of Business Oversight
The California Department of Financial Protection and Innovation  (DFPI), formerly the Department of Business Oversight (DBO), regulates a variety of financial services, businesses, products, and professionals. The department operates under the California Business, Consumer Services and Housing Agency. The DFPI protects California consumers and oversees the operations of state-licensed financial institutions, including banks, credit unions, debt collectors, nonbank mortgage lenders, student loan servicers, money transmitters, and others. Additionally, the department licenses and regulates a variety of financial businesses, including securities brokers and dealers, investment advisers, payday lenders, certain fiduciaries, and nonbank lenders. The department also regulates the offer and sale of securities, franchises, and off-exchange commodities. , Commissioner Clothilde V. Hewlett leads the department, which has offices in Sacramento, San Francisco, Los Angeles, and San Di ...
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Amadeo Giannini
Amadeo Pietro Giannini (), also known as Amadeo Peter Giannini or A. P. Giannini (May 6, 1870 – June 3, 1949) was an American banker who founded the Bank of Italy, which became Bank of America. Giannini is credited as the inventor of many modern banking practices. Most notably, Giannini was one of the first bankers to offer banking services to middle-class Americans, rather than only the upper class. He also pioneered the holding company structure and established one of the first modern trans-national institutions. Background Amadeo Pietro Giannini was born in San Jose, California, to Italian immigrant parents. He was the first son of Luigi Giannini (1840–1877) and Virginia (née Demartini) Giannini (1854–1920). Luigi Giannini immigrated to the United States from Favale di Malvaro near Genoa, Liguria in the Kingdom of Sardinia (later part of Italy) to prospect in response to the California Gold Rush of 1849. Luigi continued in gold during the 1860s and returned to Italy in 18 ...
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San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ...
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Stock Market Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Americ ...
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Bank Of America NT&SA
Bank of America, National Trust and Savings Association (NT&SA) was the primary bank subsidiary of BankAmerica Corp. A.P. Giannini chose this unusual extension for the bank's name in order to highlight its multiple functions when it converted from a state charter to a national one. The bank was founded as Bank of Italy on October 17, 1904. The bank retained the " NT&SA" designation until being renamed to Bank of America, N.A., as part of BankAmerica Corp.'s merger with NationsBank NationsBank was one of the largest banking corporations in the United States, based in Charlotte, North Carolina. The company named NationsBank was formed through the merger of several other banks in 1991, and prior to that had been through mul ... in 1998. References Bank of America legacy banks Companies based in San Francisco Banks established in 1904 Banks disestablished in 1998 1904 establishments in California {{bank-stub ...
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Bank Of Italy (USA)
__NOTOC__ The Bank of Italy was founded in San Francisco, California, United States, on October 17, 1904, by Amadeo Pietro Giannini. It grew by a branch banking strategy to become Bank of America, the world's largest commercial bank, with 493 branches in California and assets of $5 billion in 1945. History The bank was established to serve working class citizens of the area, especially Italian Americans living in San Francisco's North Beach neighborhood. The bank survived the 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 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 in 1904, the original building is no longer standing but the location is the home of the Colombo Building (1909). The Bank of Italy building was opened in 1908—which la ...
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