BANKING: Retirement for A.P.

In his long and often stormy banking & business career, big, bull-necked old A. P. Giannini had retired officially at least three times. But he had too much energy to sit still; unofficially he went right on working so hard at his Bank of America that friends knew there was only one way he would really retire. A month ago, as he passed his 79th birthday, A.P. confided to a reporter that it would be his last. A.P., who had been right so many times before, was right this time, too.

Last week,...

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