Bankamerica Corporation

4 April 2015
History, leadership, growth through acquisition, interstate banking, strategic focus, competition. Charts.

BankAmerica Corporation is the second largest bank in the United States (behind Citicorp) and the largest on the West Coast (headquartered in San Francisco). The company has traditionally grown through acquisition, which causes upheaval in its management structure as various institutions are brought into the BankAmerica fold. This research examines the bank’s history, with an emphasis on its growth through acquisition strategy, and considers how this financial giant has managed to retain its competitive edge in this highly competitive industry.

History
Amadeo Giannini, founded the Bank of Italy in San Francisco in 1904. Two years later he saved the bank’s cash, gold, and notes before it was destroyed by fire after the 1906 earthquake. In 1921, Giannini …

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