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- Widely recognized as the father of modern banking, A.P. Giannini (1870 – 1949) built the world's largest privately held bank, the Bank of America, by lending to ordinary citizens solely on "a man's face and signature." He pioneered mortgages for working class homeowners and loaned as much as $300 or as little as $10 to anyone with a job.
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Amadeo Pietro Giannini (Italian pronunciation: [amaˈdɛːo ˈpjɛːtro dʒanˈniːni]), also known as Amadeo Peter Giannini or A. P. Giannini (May 6, 1870 – June 3, 1949) was an American banker who founded the Bank of Italy, which eventually became Bank of America. Giannini is credited as the inventor of many modern banking practices.
In 1904, Giannini opened the Bank of Italy -- directly across the street from Columbus Savings and Loan. He went door-to-door and stopped people on the street to explain what his bank could...
Born into a family of Italian immigrants, Giannini knew early tragedy: his father was shot to death by a man who owed him a dollar. Giannini left school at age 14 to work...
Nov 14, 2018 · How Amadeo Giannini and the Bank of Italy rebuilt San Francisco. After the devastating earthquake of 1906, San Francisco was heavily dismantled. More than 80% of the city had been destroyed, most...
- Atellani
Banker for the Little Guy. A P Giannini was the first to challenge the unwritten rule that banks should only lend money to people who don't need it. Amadeo Pietro (Peter) Giannini was born on a small farm in San Jose, California in 1870, the son of Italian immigrants.
In 1928, Giannini set up a holding company called Transamerica and purchased banks throughout New York, Washington, Arizona, Oregon and Nevada. Giannini was a pioneer in offering consumer installment loans on real estate, used cars, and home repairs.
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. His father, Luigi Giovanni, and his mother Maria Virginia De Martini, immigrated to San Jose, California from the small village of ...
