Immediately after the earthquake, Amadeo Pietro Giannini (1870-1949) moved his bank's cash from the bank vault to his home outside of the fire zone. He used a garbage wagon, and hid the money underneath the garbage. Immediately after the earthquake and fires, he did run his operation from a plank placed on two barrels, and made loans on a handshake deal to those who wanted to rebuild. 1909 legislation allowed branch banking, and Bank of Italy eventually had hundreds of branches throughout California. In 1928, Bank of Italy and Bank of America merged, with the new name Bank of America National Trust and Savings Bank.