Word: gianninis
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...same day, at the same hour, that Crocker directors were naming Willie Crocker as his father's successor, another meeting was held four blocks away at No. 1 Powell St. to up another banker's son to another banking presidency. The father: Amadeo Peter Giannini. The son : Lawrence Mario Giannini. The presidency: Bank of America's. Except for parentage, promotion and position, the parallel stopped there...
...Giannini bank has more than 400 branches throughout California, has deposits of more than $1,000,000,000, is the biggest U. S. bank outside Manhattan. Mario Giannini is operating head, second-in-command when his famed father is there, chief executive officer when his father is absent, which is about five months of the year. Slight, baldish, Mario Giannini is at 41 a veteran of one of the classic wars of U. S. financial history-the long Depression fight in which old Amadeo Giannini lost, then regained control of Transamerica Corp., owner of Bank of America. Son Mario...
Seventeen of the 79 singers are new this season and several of them richly deserved their appointments. Philadelphia's Dusolina Giannini has had great success in Germany and Austria. Australian Marjorie Lawrence has been a rage in Paris. Contralto Gertrud Wettergren is a favorite in her native Sweden. Tenor Charles Kullman (Yale, 1924) has done well for himself in Europe, as has Soprano Susanne Fischer of Sutton, W. Va., who will make her Metropolitan debut as Madame Butterfly. Two of the newcomers are Belgians : Tenor René Maison and Basso Hubert Raidich. Baritone Carlo Morelli is a Chilean, Eduard...
...little more money. Chicago's Harris Trust & Savings last week upped its regular dividend rate from 6% to 8%. Manhattan's Manufacturers Trust Co. paid a 25? extra. Marine Midland, big New York State group holding company, sweetened its regular with a 15? extra. Amadeo Peter Giannini's billion-dollar Bank of America National Trust & Savings Association in San Francisco declared a regular quarterly dividend of $1,250,000, an extra of $1,000,000. A big RFC borrower a few years ago, Bank of America is 99.64% owned by Transamerica Corp. Reflecting better banking, chiefly...
...that created a panic in 1901; the collapse of the trust companies in 1907; the Pujo money investigation and the reform movement. His illustrations of post-War conditions include accounts of the Insull and Van Sweringen holding companies; the careers of Charles Edwin Mitchell, Albert Henry Wiggin, Amadeo Peter Giannini; the history of the banking collapse...