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A.P. Giannini, in full Amadeo Peter Giannini, (born May 6, 1870, San Jose, California, U.S.—died June 3, 1949, San Mateo, California), American banker, founder of the California-based Bank of Italy—later the Bank of America—which, by the 1930s, was the world’s largest commercial bank. He was a major pioneer of branch banking.

Today, Bank of America is one of the largest banks in the US (and the world for that matter!) Yet few actually know the story of Amadeo Giannini, the man who helped found it and turn it into the giant it is today! At the time, banks really only dealt with wealthy customers, often turning away poorer customers, or those with poor credit history, as they weren’t as profitable as their wealthier counterparts and were thus “not worth their time”.

Giannini grew Bank of America into the world’s largest bank. Three years after surviving the San Francisco earthquake of 1906, Giannini’s banking operations expanded by opening its first branch in San Jose. He continued to open banks throughout California, consolidating operations in 1927. In 1928, Giannini set up a holding company called Transamerica and purchased banks throughout New York, Washington, Arizona, Oregon and Nevada.

Meet Amadeo Giannini, the Italian man who built the Bank of America | by Atellani | Medium 500 Apologies, but something went wrong on our end. Refresh the page, check Medium ’s site status, or...

Amadeo Pietro Giannini, also known as A.P. Giannini, was the man who began the democratization of banking and helped California become one of the world's largest economies. Amadeo was the son of Italian immigrants.

Amadeo Peter Giannini è stato un banchiere statunitense. Di origine italiana, fu tra i fondatori della Bank of America con Lionello Perera, il primo a servirsi della pubblicità, il primo a finanziare la vendita a rate delle automobili, ma soprattutto il primo a concepire la banca come un bene di largo consumo, un servizio per tutti, e non soltanto per ricchi. È considerato l'inventore delle moderne pratiche bancarie; fu il primo ad offrire servizi bancari, non solo alle classi alte ma ...

The son of poor Italian immigrants, Giannini was born in San Jose, California, in 1870. At age 14, he quit school to assist in his stepfather's produce business. By 19, the amiable young charmer...

Bank of America founder Amadeo P. Giannini owned this three-bedroom, three-bath house at 20 El Cerrito Ave. in San Mateo in the early 1900s. He started Bank of Italy in 1904, and after it merged ...