November 22, 2014 4:23 PM ET

Banks

Company Overview of City National Bank

Company Overview

City National Bank provides banking, trust, and investment services to entrepreneurs, professionals, businesses, and families. Its banking services include checking, savings, money market, and retirement accounts; and certificates of deposit, international banking, online services, and gift cards. The company’s portfolio of loans comprises real estate financing, loans and lines of credit, equipment financing, and working capital financing. It also offers wealth management services, such as investing, planning, trust services, and retirement services; and commercial banking services, including term and asset-based lending, deposit and investment services, and franchise finance for various ind...

555 South Flower Street

Los Angeles, CA 90071

United States

Founded in 1953

Phone:

213-673-7700

Fax:

310-858-3334

Key Executives for City National Bank

Chairman of The Board
Age: 64
President
Age: 59
Chief Financial Officer
Age: 59
Senior Vice President and Chief Accounting Officer
Age: 41
Chief Information Officer
Compensation as of Fiscal Year 2014.

City National Bank Key Developments

City National Bank Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2014

City National Corporation reported financial results for the third quarter and nine months ended September 30, 2014. The company reported that net income available to common shareholders for the third quarter ended September 30, 2014 was $64.56 million, or $1.15 per diluted share, compared to $61.23 million, or $1.10 per diluted share, for the same quarter ended September 30, 2013. Net interest income for the third quarter ended September 30, 2014 was $215.78 million, compared to $214.27 million for the same quarter ended September 30, 2013. Net income available to common shareholders for the nine months ended September 30, 2014 was $177.58 million, or $3.16 per diluted share, compared to $167.68 million, or $3.04 per diluted share, for the same period ended September 30, 2013. Net interest income for the nine months ended September 30, 2014 was $634.68 million, compared to $618.26 million for the same period ended September 30, 2013.

City National Bank Appoints J. Peter Barbara to Lead Private Banking in Downtown Los Angeles, Pasadena, San Gabriel Valley and South Bay

City National Bank announced that it has appointed J. Peter Barbara to lead private client services in downtown Los Angeles, Pasadena, San Gabriel Valley and the South Bay. Barbara is a senior vice president and manager with more than 25 years of wealth management experience. He was most recently a wealth advisor for Wells Fargo Private Bank in Manhattan Beach, and before that was a director for the high-net-worth group for Citigroup Private Bank in Los Angeles. In his role, Barbara will lead a group of highly skilled private bankers and advisors who provide advice and services in investment management, customized credit, depository and cash management, estate planning, trust and wealth transfer management, and retirement planning for high-net-worth families, professional services firms and select nonprofit organizations. He currently serves on the Manhattan Beach Education Foundation as a board member and as a member of the investment committee of the Manhattan Education Foundation Endowment.

City National Bank Announces Executive Appointments for Palo Alto Office

City National Bank announced it has expanded its Palo Alto team, hiring two experienced advisors to grow the bank's presence in the region. City National hired James Bourque as a vice president and senior private client advisor to join private banking colleagues in Palo Alto. Carine Krikorian also joined as vice president and senior private banker. The two will work closely with a team of experts to advise clients in the technology and venture capital industries. Bourque has nearly 20 years of experience managing assets for high-net-worth clients and catering to the financial needs of technology executives and family offices. He most recently worked at BNY Mellon as a senior director in San Francisco. Prior to that, he spent 17 years at Morgan Stanley in its private wealth management division. With more than 10 years of professional experience in the financial services industry, Krikorian has joined as a vice president and senior private banker on City National's private client service team. Previously, she was a private banker at Union Bank, in addition to holding positions at Merrill Lynch and Bank of America.

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Merger/Acquisition
July 22, 2014
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Merger/Acquisition
June 25, 2014
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Private Placement
June 13, 2014
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