BANKING: A. P.'s Daughter

To succeed the late A. P. Giannini on the 25-member board of directors of his Bank of America, the directors last week picked slim, dark-eyed, olive-skinned Mrs. Claire Giannini Hoffman, 44, A.P.'s only daughter, longtime confidante and an executor of his $480,000 estate.

Like her brother, L. M. Giannini,* the bank's president, Claire Giannini grew up in the shadow of fiery old A.P., who thought of little else except his business. As a child she traveled extensively with him, soaked up politics and economics. She attended Oakland's Mills College for two years,...

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