Word: amadeo
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Most businessmen are known by the company that keeps them. Not so, burly old Amadeo Peter Giannini, the J. P. Morgan of the West Coast. The 495 branches of his Bank of America mirror "old A. P.'s" domineering personality as sharply as the name of his huge bank holding company, Transamerica Corp., mirrors his ambition...
...bear the name of Fleishhacker-not only because Banker Herbert Fleishhacker was a big contributor to them, but because when serving a brief term as a park commissioner he named almost everything but the city sidewalks after himself. Generally regarded as the West Coast's No. 2 financier (Amadeo Peter Giannini, No. 1), Herbert Fleishhacker for years has headed Anglo California National Bank, seen its deposits zoom from $4,500,000 to $200,000,000. Last week his career as a banker was over...
...Francisco last week lights blazed brightly all night in the building occupied by Amadeo Peter Giannini's giant Bank of America. The bank's 493 branch managers were telephoning in reports, and statisticians were preparing to issue Bank of America's six-month financial statement. Few days before, six major Los Angeles banks, pleading hard times, cut their maximum interest rates on time and savings deposits from 2% to 1½%, but Mr. Giannini swore up & down he would not cut his. "A. P." did not need to, he boasted, for Bank of America was making...
Died. Virgil D. Giannini, 38, younger son of San Francisco's Big Banker Amadeo Peter Giannini (Bank of America); of a cerebral hemorrhage resulting from a fall in the Giannini home; in San Francisco...
...Amadeo Peter Giannini of San Francisco sits on top of a great banking pile. His Bank of America has 492 branches in California. Mr. Giannini also controls some 60 other banks and branches in other Western States. His Transamerica Corp., bank holding company now being renovated as an investment trust, controls Occidental Life Insurance Co. of Los Angeles. In June 1936 at a court receiver's sale Occidental bought Federal Reserve Life Insurance Co. of Kansas City and last year acquired Guaranty Life Insurance Co. of Davenport, Iowa. Last month Occidental started negotiating with Sears, Roebuck...