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  • Los Angeles Times9 months ago

    L.A.'s 'bank to the stars,' City National Bank, now under Canadian ownership

    For the last 40 years, a chief executive named Goldsmith has led downtown L.A.'s City National Bank.

  • American City Business Journals9 months ago

    Royal Bank completes acquisition of City National

    Royal Bank of Canada, Canada's largest bank, has completed its $5 billion acquisition of City National Corp., which specializes in high net-worth clients and is Los Angeles’ biggest bank. Under the deal, first announced in January, Royal Bank will combine its U.S. Wealth Management unit and"City National into one line of business. City National Chief Executive Russell Goldsmith will lead the combined business from its Los Angeles headquarters, where it will continue to operate under the City National name.