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Clifford W Michel, an investment banker, died Monday at his home at 35 East 76th Street. He was 64 years old. Mr. Michel, a partner of Kuhn, Loeb & Company, began his career with the Guaranty Trust Company in 1931. He was a partner in Bache & Company before his association with Loeb, Rhoades & Company. During World War II he served as a major in the Army. Mr. Michel was chairman of the Association of Stock Exchange Firms in 1971. lie was also a director of the executive committee of Cities Service Company. He is survived by his wife, Barbara; two daughters, Julienne and Mrs. Alan R. McFarland; a son. Clifford, and five grandchildren.
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