On This Day

Amadeo Giannini

Banker and Entrepreneur Amadeo Giannini

Profession: Banker and Entrepreneur

United States of America

Why Famous: Giannini founded the Bank of America, and in this position helped to revolutionize the banking sector in America.

He also established one of the first modern trans-national companies and pioneered the holding company structure, while offering banking services to middle-class Americans, which was largely unheard of in his time.

Born: May 6, 1870
Birthplace: San Jose, California, USA
Star Sign: Taurus

Died: June 3, 1949 (aged 79)

Historical Events

  • 1904-10-17 Bank of Italy (Bank of America) opens its doors in San Francisco, founded by Amadeo Giannini
  • 1907-08-01 Bank of Italy (later Bank of America) opens 1st branch at 3433 Mission Street, San Francisco
  • 1908-08-17 Bank of Italy (now Bank of America) opens new HQ at Clay & Montgomery, San Francisco
  • 1920-06-05 1st rivet driven on Bank of Italy headquarters at 1 Powell in San Francisco (later Bank of America)
  • 1927-03-01 Bank of Italy (later Bank of America) becomes an American National Bank
  • 1930-11-03 Bank of Italy renamed Bank of America
  • 1936-01-14 L. M. (Mario) Giannini elected President of Bank of America
  • 1941-12-09 300 Montgomery, San Francisco opens as new Bank of America HQ

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