Where is the World Bank located

forex | Banks | Saturday, October 10th, 2009

Where is the World Bank located is a common question in the world of forex traders. There are offices around the world in more than 120 member countries. The World Bank headquarters is located in Washington D.C., USA and the full address is: The World Bank, 1818 H Street, NW, Washington, DC 20433 USA.


The establishment came into being between, 1st July to 22nd July 1944 at the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire. The organizations inside the World Bank are also often called the Bretton Woods institutions after the place it originated in.


The World Bank is a group of five international organizations. They are responsible for providing advice and finance to countries for poverty reduction and economic development and increasing investment. The World Bank’s five agencies are International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), International Centre for Settlement of Investment Disputes (ICSID) and Multilateral Investment Guarantee Agency (MI

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Who started Bank of America

forex | Banks | Saturday, October 10th, 2009

Bank of America started as Bank of Italy and its founder was Amedeo Giannini. Son of Italian immigrants to the US, started the Bank of Italy in a converted saloon in San Francisco at 9 am on Monday, October, 17 1904. When an earthquake struck in 1907, he ran his bank from a plank in the street – the word “bank” is from the Italian “banca”, meaning a bench or counter. Word quickly spread about his service and by 1916 he had several branches. By 1929, the bank was strong enough to withstand the Great Depression stock crash. Giannini changed the name to Bank of America in 1928 and remained chairman until 1963.

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