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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.
Bank of America. Bank of America, formerly known as the Bank of Italy, was founded in San Francisco, California, United States, on October 17, 1904, [1] by Amadeo Pietro Giannini. By 1945, it had grown by a branch banking strategy to become the world's largest commercial bank with 493 branches in California and assets totaling $5 billion.
Amadeo Giannini, 1927. The history of Bank of America dates back to October 17, 1904, when Amadeo Pietro Giannini (1870–1949) founded the Bank of Italy, in San Francisco. In 1922, Bank of America, Los Angeles was established with Giannini as a minority investor.
In 1923, Citizens Bank and Trust Company was renamed Bank of America, Los Angeles. Monnette's intention was to build capital for national expansion with Amadeo Giannini (founder of the San Francisco-based Bank of Italy) as a minority investor. Giannini had founded the Bank of Italy on October 17, 1904.
In 1928, Amadeo Giannini, born in California to Italian immigrant parents, formed a holding company, the Transamerica Corporation, to consolidate his existing financial ventures, which began business with $1.1 billion in assets and both banking and non-banking activities. From the 1930s through the mid-1950s, Transamerica made a number of ...
The 12-story building was completed in 1922, [3] and it was dedicated in 1923. [4] It was built as the Los Angeles headquarters of the Bank of Italy, a forerunner to Bank of America founded by Amadeo Giannini. [4] It was designed by the architectural firm Morgan, Walls & Clements, [3] in the Neoclassical architectural style with " Doric columns ...
The Giannini Foundation of Agricultural Economics. The Giannini Foundation of Agricultural Economics was founded in the 1920s from a $1.5 million gift to the University of California from the Bancitaly Corporation in honor of its founder, A.P. Giannini. This fund has now grown to $20 million that is used to promote and support research on the ...
David Sarnoff ( US: / ˈsɑːrnɔːf /; [4] February 27, 1891 – December 12, 1971) was a Russian [5] and American businessman who played an important role in the American history of radio and television. He led RCA for most of his career in various capacities from shortly after its founding in 1919 until his retirement in 1970.