A. P. Giannini -- The People’s Banker

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...People's Banker : This 5 report discusses A. P. (Amadeo Peter) Giannini (1870-1949), one of the most influential forces in the development of the modern banking system in the United States. The son of Italian immigrants, Giannini founded the Bank of Italy and considered that what he was creating was a bank for poor people. He founded the Bank of Italy in San Francisco so that businesses could rebuild after the 1906 earthquake. As the bank became increasingly popular, Giannini decided to purchase small banks in outlying areas, in order to expand the Bank of...

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