Fact Sheets

Bailout Bank Bio: City National Corporation

TCS RSS Feed RSS
December 15, 2008
Programs: Budget & Tax

City National Bank logoCity National Bank is a wholly-owned subsidiary of City National Corporation and is based in Beverly Hills, California. It operates 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, and New York City. In late November, City National announced its participation in the Treasury Department’s Capital Purchase Program, and that it would receive $400 million through the program.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: City National Corp

 

Federal Equity Investment

$395 million

Total Revenue

$1.2 billion (2007)
$1.0 billion (2008)

Net Income

$222.7 million (2007)
$105.0 million (2008)

Number of Employees

3,027

Corporate Headquarters

Beverly Hills, California

Business Sector

Financial, Banking

Officers and Directors

Mr. Russell Goldsmith, CEO, President

Other Officers and Directors

Corporate Website

www.cnb.com/

Executive Compensation

City National Corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

►Financial Documents

11-14-2008 City National Corp 10-Q

5-2-2008 CIty National Corp Proxy

3-31-2008 City National Corp 10-K

12-31-07 City Nationa Bank Annual Report

Federal contracts

No federal contracts found. 

Lobbying reports (if any)

Third Quarter 2008
 
No lobbying reports found.

Political Contributions

Center for Responsive Politics (last accessed 12/15/2008)

Campaign Contributions

Employee Campaign Contributions
 

Related Articles

November 17, 2008 City National CEO Buys $52.7 Million Worth (TheStreet.com)

November 13, 2008
City National money manager sees silver lining in plunging consumer confidence (San Francisco Business Times)

October 27, 2008 City National Corp. Selected to Participate in U.S. Treasury's Capital Purchase Program (press release)

October 23, 2008
City National Corp. Reports Third-Quarter 2008 Net Income of $16.6 Million, or $0.34 per Share; Year-to-Date Net Income Totals $96 Million, or $1.98 per Share (press release)

 

Last Updated March 16, 2009

Filed under:

Discussion
Weekly Wastebasket

Our weekly reality-check for federal spending. View All

February 15, 2013

Engineering Boondoggles

While Washington is wringing its hands about the automatic across-the-board budget cuts known as... Read More