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Bank of Italy merged with Bank of America in 1929 and kept the name Bank of America.
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Bank of America
Nations Bank
Bank of America was founded by Amadeo Giannini in San Francisco, California. It was founded in the year 1904 under the name Bank of Italy, and was changed to the name Bank of America in 1928.
international bank for reconstruction and development
Bank of America
When Bank of America moved over to California in 1904 it was previously called Bank of Italy.
If it is in a name (like Bank of America) then it does.
Bank of America acquired LaSalle Bank Corp. effective October 1, 2007 and officially adopted the Bank of America name on May 5, 2008.
Actually the Bank of America was an Los Angles based bank in the early 1920's when its founder and CEO Orra Monnette merged with the Bank of Italy owned by Amadeo Giannini in 1929. The new bank kept the name Bank of America.
Bank of America has a history that dates back to over a hundred years. It was begun as Bank of Italy in the year 1904. But, the name Bank of America was established in the year 1930 after the merger between two major banks - Liberty Bank of America and Bank of Italy.