A new public space opened last month in downtown’s Little Italy neighborhood. Piazza Giannini, located at the corner of India Street and West Cedar Street, is a community gathering place that pays tribute to a famous Italian American who invented many of the conveniences of modern banking.
Born in San Jose, A.P. Giannini was a big believer in California. He started the Bank of Italy in San Francisco, and dedicated it to ordinary middle class Americans and hardworking immigrants that other banks wouldn’t serve. Believing in equal access to all, the Bank of Italy opened hundreds of branches throughout the state. Eventually it became Bank of America.
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