City National Bank Announces New CEO
11/10/23, 11:42 PM
Location
Industry
banking
finance
financial services
Position
chief executive officer
City National today announced the appointment of Howard Hammond as CEO.
Company Info
Location
los angeles, california, united states
Additional Info
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $90 billion in assets as of January 31, 2025. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami. In addition, the company and its investment affiliates manage or administer $103 billion in client investment assets. City National is dedicated to strengthening communities, and in 2024 alone, the company donated nearly $10 million in charitable contributions to nonprofits that support the communities it serves.