In 1884 Rinaldo Piaggio founded Piaggio & C. that produced locomotives and railway carriages and in 1923 began aircraft production. The company as Piaggio Aerospace at present is owned by Mubadala Development Company and is based in Villanova d'Albenga. (After World War II, Enrico Piaggio son of Rinaldo Piaggio, with the engineer Corradino D'Ascanio conceived and realised one of the most common means of transport, the Vespa). In 1870 was founded Banca di Genova which in 1895 changed its name to Credito Italiano and in 1998 became Unicredit. Also in Genoa in 1898 the insurance company called Alleanza Assicurazioni was founded. In 1874 the city was completely connected by railway lines to France and the rest of Italy: Genoa-Turin, Genoa-Ventimiglia, Genoa-Pisa.