City National Bank (California)

City National Bank
Company typeSubsidiary
Founded1954; 70 years ago (1954), in Beverly Hills, California
FounderAlfred S. Hart
Headquarters
Key people
Alfred S. Hart (founder)
Benjamin N. Maltz (first Chairman)
Russell Goldsmith (former Chairman)
Howard Hammond (CEO)
Bram Goldsmith (former Chairman)
Total assets$91.5 billion
ParentRoyal Bank of Canada
Websitecnb.com

City National Bank (CNB) is a bank headquartered at City National Plaza in Los Angeles, California. CNB was founded in 1957, and since 2015 is a subsidiary of the Toronto-based Royal Bank of Canada. It is the 30th largest bank in the United States as of December 31, 2023.[1]

CNB has been dubbed the "Bank to the Stars" due to its extensive relationships with numerous Hollywood entertainment industry clients, and deals with many exclusive and premier clients from various media, including television, film, theater and the arts.[2][3]

  1. ^ "Large Commercial Banks". Federal Reserve Bank.
  2. ^ Tully, Kathryn (August 4, 2006). "Making New York an offer it can't refuse". The Financial Times.
  3. ^ Reckard, E. Scott (June 9, 2011). "City National Bank goes a little bit country". Los Angeles Times. Retrieved January 23, 2012.