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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 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.
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
Italian-Uruguayan producer and actor Luca Barbareschi is developing a six-part series about the life of Bank of America founder and early Hollywood financier Amadeo Peter Giannini. Barbareschi ...
Banca Monte dei Paschi di Siena. Siena, Republic of Siena (1472) & Republic of Florence (1624) Italy. Tracing its history to a mount of piety founded in 1472, but founded in its present form in 1624. Since 2017, the main shareholder is the Italian Ministry of Economy and Finance (68.247% in 2017). 1590. Berenberg Bank. Hamburg, Holy Roman Empire.
Italian Americans have played a prominent role in the economy of the United States, and have founded companies of great national importance, such as Bank of America (by Amadeo Giannini in 1904), Qualcomm, Subway, Home Depot and Airbnb among many others. Italian Americans have also made important contributions to the growth of the U.S. economy ...
In addition, Amadeo Giannini, the son of Genoese immigrants in North America, founded the Bank of America. (See also " Italian Peruvians ", " Italian Chileans ", " Italian Uruguayans "). During World War I the Genoese shipyards were very active, importing vast quantities of materials necessary for the war effort, and between thirty thousand and ...
Bank of America, National Trust and Savings Association (NT&SA) was the primary bank subsidiary of BankAmerica Corp. Amadeo Giannini chose this unusual extension for the bank's name in order to highlight its multiple functions when it converted from a state charter to a national one. The bank was founded as Bank of Italy on October 17, 1904 ...