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As the name suggests Bank of America has its head quarter in USA. However, that does not mean that the bank has kept it self confined within the boundaries of USA. Considered as one of the finest International Banks in the world. It is one of the largest commercial banks i the whole of USA as far as yearly turnovers and deposits are concerned. Prior to 1908, Bank of America was known as the Nations Bank. At that time it was based at Charlotte in North Carolina. However, its roots lie in the foundation of the American bank of Italy. Amadio Giannini founded the bank in 1904 at San Francisco. However by 19020 Gianni was no more sure about the future of his bank and wanted to see a merge between the Bank of America and the American bank of Italy.
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