Knowledge

City National Bank (California)

Source 📝

27: 36: 300: 758: 990: 1000: 597:
City National Bank, headquartered in Beverly Hills, is expected to announce today that it will lease 310,000 square feet of space in Arco Plaza. It will be the largest lease deal in downtown Los Angeles this year and the latest sign that the central business district's commercial real estate market
336:
In the 1990s, it acquired seven banks: First Los Angeles Bank (1995), Ventura County National Bank (1997), Frontier Bank (1997), Riverside National Bank (1997), Harbor Bank (1998), North American Trust Company (1998), and American Pacific State Bank (1999). In 2000, the bank expanded into Northern
337:
California in with the purchase of The Pacific Bank, followed by the acquisition of the Oakland-based Civic BanCorp in 2002. It had also acquired The Pacific Bank in 2000 as well as Reed, Conner & Birdwell and the People's Bank of California in 2001.
348:. In that decade, it continued to acquire more banks: Convergent Capital Management, LLC (2003), Business Bank of Nevada (2006), Convergent Wealth Advisors (2007), Lee Munder Capital Group (2009), Imperial Capital Bank (2009). 271:
services such as checking account processing and check clearance services for smaller local banks that do not do their own processing. In addition, the company manages $ 71.7 billion in client investment assets.
649: 231:
The bank had total assets of $ 91 billion (as of June 1, 2022). It offers a full complement of banking, trust and investment services through 75 offices, including 19 full-service regional centers, in
587:"Arco Plaza Wins Star Tenant: City National Bank will move into 310,000 square feet of space in the downtown L.A. landmark. It's the latest sign of the area's recovering commercial real estate market" 645: 1024: 689: 379:
On October 25, 2018, City National announced that Kelly Coffey would become its first female CEO from February 2019 becoming only the 4th CEO in the bank's history.
717: 1059: 223:
entertainment industry clients, and deals with many exclusive and premier clients from various media, including television, film, theater and the arts.
318:
as the first chairman of the board. Its offices were in Beverly Hills at 400 North Roxbury Drive until 2004 when its headquarters were relocated to
133: 791: 598:
is recovering. Under terms of the 15-year lease agreement, Arco Plaza's landmark twin towers eventually will be renamed City National Plaza...
358:
City National Bank was formerly known as City National Bank of Beverly Hills and changed its name to City National Bank in February 1964.
703: 1044: 671: 280: 284: 1034: 619: 1049: 1003: 387: 1039: 1029: 784: 351:
It then acquired two more banks in 2010: 1st Pacific Bank and Sun West Bank. In mid-2011, the bank opened a branch in
838: 675: 496: 472: 718:"Justice Department Secures Over $ 31 Million from City National Bank to Address Lending Discrimination Allegations" 545:"Bram Goldsmith: Maverick Banker to Stars : City National Chief Is a Top Deal-Maker and Industry's Best Paid" 954: 1054: 993: 777: 333:, the bank put up the $ 240,000 demanded as ransom money. In 1970, its stock began trading over the counter. 276: 263:. After the closure or merger of many Los Angeles banks, it has become the largest bank headquartered in the 586: 344:
to serve its California-based clientele who do business on both coasts, as well as prospective clients in
220: 544: 74: 975: 871: 264: 881: 646:"City National Corporation Announces Definitive Agreement to be Acquired by Royal Bank of Canada" 369: 197: 99: 403: 236: 361:
On January 22, 2015, City National announced a "definitive agreement" to be acquired by the
355:. In 2012, it acquired Rochdale Investment Management and First American Equipment Finance. 876: 820: 800: 452: 421: 399: 362: 352: 288: 209: 167: 8: 855: 477: 407: 232: 193: 95: 382:
On January 12, 2023, City National agreed to pay $ 31,000,000 to resolve allegations of
448: 26: 933: 623: 591: 549: 501: 315: 212:. It is the 30th largest bank in the United States as of December 31, 2023. 126: 119: 35: 938: 826: 406:
which includes the naming rights to the team headquarters and practice facility
398:
The most notable of City National Bank's sponsorships is its sponsorship of the
903: 311: 256: 162: 140: 112: 84: 1018: 425: 341: 326: 303: 244: 571: 959: 763: 299: 373: 368:
On April 11, 2017, City National opened its first full-service branch at
268: 248: 40: 690:"City National Bank Opening Full-Service Regional Center in Minneapolis" 769: 429: 330: 319: 201: 52: 414: 383: 345: 252: 526: 832: 260: 205: 240: 672:"Royal Bank to buy U.S.-based City National in $ 5.4B US deal" 151: 648:(Press release). City National Corporation. Archived from 1025:
Companies formerly listed on the New York Stock Exchange
706:(Press release). City National Bank. October 25, 2018. 746: 753: 692:(Press release). City National Bank. April 11, 2017. 614: 612: 610: 608: 606: 219:due to its extensive relationships with numerous 178: 1016: 287:. It has been a wholly owned subsidiary of the 267:. It also acts as a processing bank, providing 200:. CNB was founded in 1957, and since 2015 is a 603: 497:"City National Bank goes a little bit country" 466: 464: 462: 785: 376:, in conjunction with RBC Wealth Management. 578: 322:(later City National Plaza) in Los Angeles. 704:"City National Bank Names Kelly Coffey CEO" 490: 488: 459: 386:from 2017 to at least 2020, brought by the 340:In 2002, City National opened an office in 1060:American subsidiaries of foreign companies 792: 778: 521: 519: 473:"Making New York an offer it can't refuse" 420:The Bank is also the Official Bank of the 34: 25: 566: 564: 562: 560: 281:Office of the Comptroller of the Currency 799: 538: 536: 485: 298: 285:United States Department of the Treasury 516: 494: 16:Bank based in California, United States 1017: 678:. The Canadian Press. 22 January 2015. 557: 542: 773: 584: 533: 470: 428:, as well as the main sponsor of The 999: 622:. City National Bank. Archived from 585:Vrana, Debora (November 20, 2003). 388:United States Department of Justice 13: 495:Reckard, E. Scott (June 9, 2011). 14: 1071: 1045:1954 establishments in California 839:Royal Bank of Trinidad and Tobago 738: 676:Canadian Broadcasting Corporation 543:Broder, John M. (July 21, 1985). 471:Tully, Kathryn (August 4, 2006). 192:(CNB) is a bank headquartered at 998: 989: 988: 756: 310:The bank was founded in 1954 by 710: 696: 682: 664: 1035:Companies based in Los Angeles 955:RBC Convention Centre Winnipeg 829:(acquired and merged into RBC) 638: 441: 393: 1: 1050:2015 mergers and acquisitions 435: 226: 413:It previously sponsored the 7: 886:RBC Global Asset Management 64:; 70 years ago 10: 1076: 417:among other sports teams. 294: 1040:Banks established in 1954 1030:Banks based in California 984: 968: 947: 926: 912: 893: 864: 848: 807: 173: 161: 149: 106: 90: 80: 75:Beverly Hills, California 58: 48: 33: 24: 976:Royal Bank of Canada v R 872:BlueBay Asset Management 449:"Large Commercial Banks" 306:Wealth Management Office 265:Greater Los Angeles Area 215:CNB has been dubbed the 882:RBC Dominion Securities 198:Los Angeles, California 100:Los Angeles, California 404:National Hockey League 307: 237:San Francisco Bay Area 900:RBC Wealth Management 574:. City National Bank. 529:. City National Bank. 302: 1055:Royal Bank of Canada 877:RBC Direct Investing 821:Royal Bank of Canada 801:Royal Bank of Canada 626:on February 10, 2021 453:Federal Reserve Bank 422:Los Angeles Clippers 400:Vegas Golden Knights 363:Royal Bank of Canada 353:Nashville, Tennessee 289:Royal Bank of Canada 210:Royal Bank of Canada 168:Royal Bank of Canada 856:RBC Capital Markets 652:on January 24, 2015 478:The Financial Times 408:City National Arena 279:, regulated by the 233:Southern California 217:"Bank to the Stars" 194:City National Plaza 96:City National Plaza 21: 815:City National Bank 620:"Company Overview" 308: 190:City National Bank 20:City National Bank 19: 1012: 1011: 934:Place Ville Marie 894:Wealth management 592:Los Angeles Times 550:Los Angeles Times 502:Los Angeles Times 316:Benjamin N. Maltz 187: 186: 145: 144:(former Chairman) 138: 131: 130:(former Chairman) 127:Russell Goldsmith 124: 120:Benjamin N. Maltz 117: 1067: 1002: 1001: 992: 991: 939:Royal Bank Plaza 849:Investment banks 827:HSBC Bank Canada 794: 787: 780: 771: 770: 766: 761: 760: 759: 750: 749: 747:Official website 733: 732: 730: 729: 714: 708: 707: 700: 694: 693: 686: 680: 679: 668: 662: 661: 659: 657: 642: 636: 635: 633: 631: 616: 601: 600: 582: 576: 575: 568: 555: 554: 540: 531: 530: 523: 514: 513: 511: 509: 492: 483: 482: 468: 457: 456: 445: 183: 180: 154: 143: 136: 129: 123:(first Chairman) 122: 115: 72: 70: 65: 38: 29: 22: 18: 1075: 1074: 1070: 1069: 1068: 1066: 1065: 1064: 1015: 1014: 1013: 1008: 980: 964: 943: 922: 908: 889: 860: 844: 803: 798: 762: 757: 755: 745: 744: 741: 736: 727: 725: 722:www.justice.gov 716: 715: 711: 702: 701: 697: 688: 687: 683: 670: 669: 665: 655: 653: 644: 643: 639: 629: 627: 618: 617: 604: 583: 579: 570: 569: 558: 541: 534: 525: 524: 517: 507: 505: 493: 486: 469: 460: 447: 446: 442: 438: 396: 297: 229: 177: 150: 139: 132: 125: 118: 109: 102: 98: 68: 66: 63: 44: 17: 12: 11: 5: 1073: 1063: 1062: 1057: 1052: 1047: 1042: 1037: 1032: 1027: 1010: 1009: 1007: 1006: 996: 985: 982: 981: 979: 978: 972: 970: 966: 965: 963: 962: 957: 951: 949: 945: 944: 942: 941: 936: 930: 928: 924: 923: 921: 920: 916: 914: 910: 909: 907: 906: 904:Brewin Dolphin 901: 897: 895: 891: 890: 888: 887: 884: 879: 874: 868: 866: 862: 861: 859: 858: 852: 850: 846: 845: 843: 842: 836: 830: 824: 818: 811: 809: 805: 804: 797: 796: 789: 782: 774: 768: 767: 752: 751: 740: 739:External links 737: 735: 734: 709: 695: 681: 663: 637: 602: 577: 556: 532: 515: 484: 458: 439: 437: 434: 395: 392: 325:In 1963, when 312:Alfred S. Hart 296: 293: 257:Washington, DC 228: 225: 185: 184: 175: 171: 170: 165: 159: 158: 157:$ 91.5 billion 155: 147: 146: 141:Bram Goldsmith 134:Howard Hammond 113:Alfred S. Hart 110: 107: 104: 103: 94: 92: 88: 87: 85:Alfred S. Hart 82: 78: 77: 60: 56: 55: 50: 46: 45: 39: 31: 30: 15: 9: 6: 4: 3: 2: 1072: 1061: 1058: 1056: 1053: 1051: 1048: 1046: 1043: 1041: 1038: 1036: 1033: 1031: 1028: 1026: 1023: 1022: 1020: 1005: 997: 995: 987: 986: 983: 977: 974: 973: 971: 967: 961: 958: 956: 953: 952: 950: 946: 940: 937: 935: 932: 931: 929: 925: 919:RBC Insurance 918: 917: 915: 911: 905: 902: 899: 898: 896: 892: 885: 883: 880: 878: 875: 873: 870: 869: 867: 863: 857: 854: 853: 851: 847: 840: 837: 834: 831: 828: 825: 822: 819: 816: 813: 812: 810: 806: 802: 795: 790: 788: 783: 781: 776: 775: 772: 765: 754: 748: 743: 742: 723: 719: 713: 705: 699: 691: 685: 677: 673: 667: 651: 647: 641: 625: 621: 615: 613: 611: 609: 607: 599: 594: 593: 588: 581: 573: 567: 565: 563: 561: 552: 551: 546: 539: 537: 528: 522: 520: 504: 503: 498: 491: 489: 480: 479: 474: 467: 465: 463: 454: 450: 444: 440: 433: 431: 427: 426:Grammy Awards 423: 418: 416: 411: 409: 405: 401: 391: 389: 385: 380: 377: 375: 371: 366: 364: 359: 356: 354: 349: 347: 343: 342:New York City 338: 334: 332: 328: 327:Frank Sinatra 323: 321: 317: 313: 305: 304:New York City 301: 292: 290: 286: 282: 278: 277:national bank 273: 270: 266: 262: 258: 254: 250: 246: 245:New York City 242: 238: 234: 224: 222: 218: 213: 211: 207: 203: 199: 195: 191: 182: 176: 172: 169: 166: 164: 160: 156: 153: 148: 142: 135: 128: 121: 114: 111: 105: 101: 97: 93: 89: 86: 83: 79: 76: 61: 57: 54: 51: 47: 42: 37: 32: 28: 23: 960:RBC Heritage 948:Sponsorships 814: 808:Retail banks 764:Banks portal 726:. Retrieved 724:. 2023-01-12 721: 712: 698: 684: 666: 654:. Retrieved 650:the original 640: 628:. Retrieved 624:the original 596: 590: 580: 548: 506:. Retrieved 500: 476: 443: 419: 412: 397: 381: 378: 367: 360: 357: 350: 339: 335: 324: 309: 291:since 2015. 274: 230: 216: 214: 189: 188: 152:Total assets 91:Headquarters 49:Company type 43:Headquarters 1004:WikiCommons 969:Legal cases 841:(Caribbean) 656:January 22, 508:January 23, 430:Tony Awards 394:Sponsorship 374:Minneapolis 329:'s son was 314:. He hired 269:back office 249:Minneapolis 41:Los Angeles 1019:Categories 728:2023-01-13 527:"About Us" 436:References 320:Arco Plaza 227:Management 202:subsidiary 108:Key people 53:Subsidiary 927:Buildings 913:Insurance 865:Investing 630:April 12, 572:"History" 415:LA Galaxy 384:redlining 370:RBC Plaza 346:Manhattan 331:kidnapped 253:Nashville 221:Hollywood 116:(founder) 994:Category 833:RBC Bank 823:(Canada) 424:and The 275:It is a 402:of the 295:History 283:of the 261:Atlanta 208:-based 206:Toronto 204:of the 174:Website 81:Founder 67: ( 59:Founded 241:Nevada 235:, the 163:Parent 137:(CEO) 73:, in 835:(US) 817:(US) 658:2015 632:2021 510:2012 259:and 181:.com 69:1954 62:1954 372:in 196:in 179:cnb 1021:: 720:. 674:. 605:^ 595:. 589:. 559:^ 547:. 535:^ 518:^ 499:. 487:^ 475:. 461:^ 451:. 432:. 410:. 390:. 365:. 255:, 251:, 247:, 243:, 239:, 793:e 786:t 779:v 731:. 660:. 634:. 553:. 512:. 481:. 455:. 71:)

Index



Los Angeles
Subsidiary
Beverly Hills, California
Alfred S. Hart
City National Plaza
Los Angeles, California
Alfred S. Hart
Benjamin N. Maltz
Russell Goldsmith
Howard Hammond
Bram Goldsmith
Total assets
Parent
Royal Bank of Canada
cnb.com
City National Plaza
Los Angeles, California
subsidiary
Toronto
Royal Bank of Canada
Hollywood
Southern California
San Francisco Bay Area
Nevada
New York City
Minneapolis
Nashville
Washington, DC

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.