Word: amadeo
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John William Pole, Comptroller of the Currency, was recently in San Francisco. Up and down Montgomery Street brokers and bankers guessed that his visit was to bring a halt to the running fight which Amadeo Peter ("A. P."; Giannini was waging on Elisha Walker. Financial re- porters sensed a big scoop when Mr. Pole summoned them to his office in the Federal Reserve Building. But when they arrived he gravely told newshawks he was sorry but he had nothing to say after...
...Attilio H. Giannini, brother of Amadeo Peter Giannini, was appointed chairman of the executive committee of Bank of America, N. T. & S. A. (California). Chairman of Bank of America, N. A. (Manhattan), Dr. Giannini is also vice president of Transamerica Corp, He resigned his directorship in the holding company recently (TIME, Oct. 5) when it was decided that executives of controlled banks should not be on the Transamerica board as well...
...executives of Bank of America, including Preserved Fish who became director in 1812, it fell behind National City in size and prestige. In 1928 it was believed that Nathan Jonas of Manufacturers Trust and his brother, Ralph, were negotiating for control of the institution. Unexpected was the announcement that Amadeo Peter Giannini of California had grabbed large blocks of the stock. With these opening wedges, Banker Giannini was able to place control of the bank in Transamerica...
...More Banks. It was Founder Amadeo Peter Giannini's idea that Transamerica should take the lead in nation-wide branchbanking. Last year the annual report said hopefully: "It is now generally conceded that the trend of public opinion is increasingly favorable to the extension of branchbanking." But Mr. Walker's letter of last week reported: "There is no apparent likelihood that nation-wide branchbanking will be authorized by law in the near future." He then confirmed the recent rumor that Transamerica will sell its controlling interest in banks, chief of which are Bank of America, New York...
...second change of management was the dropping of Amadeo Peter Giannini, his brother Dr. Attilio H. Giannini, his not robust son Lawrence Mario Giannini from the directorate, and also their good & stanch friends Prentis Cobb Hale of San Francisco and George Newell Armsby of California Packing. The long suspected LYNN PORTER TALLEY . . . does not let enthusiasm replace collateral. Giannini-Walker feud broke into the open with this news. Founder Giannini announced his resignation had been presented last June "because I could not approve of the plans, policies and procedure of my successor, Chairman Walker." Ironic was this statement since Founder...