Famous bankers in the world

American businessman and banker

Amadeo Pietro Giannini (Italian pronunciation:[amaˈdɛːoˈpjɛːtrodʒanˈniːni]), 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. Most notably, Giannini was one of the first bankers to offer banking services to middle-class Americans, mainly Italian immigrants, rather than only the upper class. He also pioneered the holding company structure and established one of the first modern trans-national institutions.^[1]

Background

Amadeo Pietro Giannini was born in San Jose, California, to Italian immigrant parents.^[2][3] He was the first son of Luigi Giannini (1840–1877) and Virginia (née Demartini) Giannini (1854–1920). Luigi Giannini immigrated to the United States from Favale di Malvaro nea J.P. Morgan ‑ Biography, Financier & Wealth | HISTORY.