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A. P. Giannini

A. P. GianniniAKA Amadeo Peter Giannini

Born: 6-May-1870
Birthplace: San Jose, CA
Died: 3-Jun-1949
Location of death: San Mateo, CA
Cause of death: unspecified
Remains: Buried, Holy Cross Catholic Cemetery, Colma, CA

Gender: Male
Religion: Roman Catholic
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business

Nationality: United States
Executive summary: Founder of Bank of America

Son of immigrants from Genoa, and worked as a partner in his stepfather's grocery business until 1901. After experiencing banking at the Bank of Columbus in the North Beach part of San Francisco, he and several others founded the Bank of Italy in 1904, later becoming the Bank of America. Giannini's revolutionary idea was to lend money to working class people, an entire class of people who were deemed by banks at the time as uncreditworthy. He was able to keep his bank open in the aftermath of the 1906 earthquake, while many other banks were forced to fold. He built Bank of America into the nation's first statewide branch-banking system. Also founded Transamerica as a holding company, in 1928.

Father: Luigi Giannini (farmer, d. 1877)
Mother: Virginia
Father: Lorenzo Scatena (stepfather, grocer)

    Bank of America Founder
    Transamerica Founder
    Italian Ancestry


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