Word: transamerica
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...organized Bancitaly Corp. as a launching pad for statewide expansion. That was succeeded in 1928 by TransAmerica Corp., a holding company with wide interests in financial services, including some overseas banks. That same year he bought Bank of America in New York, one of the city's oldest lending institutions...
Giannini retired again in 1930 and moved to Europe, convinced that his successor would carry on in his spirit. But during the Great Depression, TransAmerica management switched focus. Feeling betrayed, Giannini returned to retake control. He had always encouraged employees and depositors to become shareholders of the bank. To win a 1932 proxy fight, he knocked on doors again, getting all those working-class shareholders to give him their votes. He then consolidated TransAmerica's California bank holdings under the Bank of America name, which would survive when regulators forced TransAmerica to break up in the '50s, just...
...that according to Pellicano, $20 million was the amount demanded by the boy's father last year. The trust will ensure that not all the millions end up in the parents' pockets. But how much will the megarich star be left with? Reportedly, Cochran has asked TIG Insurance, the Transamerica subsidiary that holds Jackson's personal-liability policy, to cover the settlement...
...underwriting losses of $7.2 billion in the past four years, due largely to price competition and rising claims. In response to softening profitability, Aetna Life & Casualty will pare 4,800 jobs from its payroll by 1994, including 2,600 this year. Some insurers are even abandoning the market. Transamerica put its property- casualty division up for sale two months ago. So far, no takers...
FOOTNOTE: OUR GUEST JOURNALISTS: Dwayne Andreas, Archer Daniels Midland; J. Robert Ave, Lorillard; C.M. Bishop Jr., Pendleton Woolen Mills; Howard Cooley, Jockey International; Ronald Davis, Perrier; *J.F.A. de Soet, KLM; Patrick Foley, DHL Corp.; R. Michael Franz, Murata Business Systems; Ernest Gallo, Gallo Winery; James Harvey, Transamerica; Kim Duk-Choong, Daewoo Group; Philip *Knight, Nike; Gunter Kramer, BMW; George Lawrence, American Gas Assn.; Richard Maher, Christian Brothers Winery; Henri Michel, Aerospatiale; Mechlin Moore, Insurance Information Insti*tute; Hideo Nakao, NEC Electronics; Steven Ross, Warner Communications; Anton Rupert, Rembrandt Group; Robert Sinclair, Saab; Preston Robert Tisch, Loews; Graham Whitehead, Jaguar...