Business: Personnel: Jan. 9, 1933

Last week the following were news: George McClelland Reynolds, 67, resigned as board chairman of Continental Illinois National Bank & Trust Co.

("Biggest bank under one roof"), biggest bank west of Manhattan. Last spring he succeeded his younger brother Arthur Reynolds, who retired ostensibly because of poor health, insisting: "The dampness of the climate here affects my ears" (TIME, May 16). Chicagoans had long heard reports of discord between the Brothers Reynolds and their directors, felt sure that it was only a matter of time before Brother George would follow the footsteps of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!