BankAmerica was acquired by NationsBank of Charlotte, North Carolina in October 1998 in what was the largest bank acquisition in history at that time. This shifted the Bank’s headquarters to North Carolina from California, but although NationsBank was the nominal survivor, the merged bank carried the stronger brand name Bank of America Corporation. The combined bank still operates under Federal Charter 13044, which was granted to Giannini’s Bank of Italy on March 1, 1927..
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