Business & Finance: Deals & Developments: Sep. 15, 1930

End of Bank of Italy. Stoutest of all advocates of branch banking is Amadeo Peter Giannini, and classic example of a bank-with-branches is the Giannini-founded, Giannini-expanded Bank of Italy National Trust & Savings Association. California-wide institution. Last week it was revealed that soon Bank of Italy will succumb to the same forces of expansion and merging which it created. As soon as details are worked out, Bank of Italy will merge with Bank of America of California, newer Giannini institution. The new bank will be called Bank of America National Trust and Savings...

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