CCity National Bank provides personalized banking, investment and trust services to individuals and businesses, with $93 billion in assets and $106 billion in client assets under management or administration. It offers traditional banking, wealth management and fiduciary services through branches and private banking relationships across markets in California, New York, Tennessee, Georgia, Delaware, Nevada, Washington, D.C., and Miami (as CN Bank). The bank distinguishes itself with a strong local footprint, close integration with its parent Royal Bank of Canada, and a history of community giving, including nearly $10 million donated in 2024. Its goal is to help clients grow and protect their wealth while supporting the communities it serves and expanding its market reach through trusted advisory services.
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Industries
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Los Angeles, CA
Founded
1953
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City National, the Los Angeles-based bank owned by RBC, is leaning on its parent's brand to grow its private wealth business. Brandon Williams, head of its private bank and wealth management segment, said RBC offers "stability and institutional capabilities." The bank renamed its asset manager RBC Rochdale and now calls its unit "private bank" rather than "private banking," which Williams said sounds less transactional. Over 10 months, the private bank hired about 85 people and promoted 80. Recent hires came from Comerica, Wells Fargo, Bank of America, and M&T Bank's Wilmington Trust. City National has about $82.4 billion in deposits and $83.9 billion in assets under management. Its fiscal third-quarter profit rose 60% year over year, to $184 million. It is considering expansion into markets such as Charlotte and Nashville.
City National Bank has opened a full-service branch in Inglewood, Los Angeles, aiming to serve small businesses and homeowners. The 1,613-square-foot site sits at 130 East Manchester Boulevard and is open Monday to Friday, 9:00 to 17:00. It offers personal and business banking, mortgage, cash management, and wealth management services. The branch has private meeting spaces and a 24-hour ATM. The opening follows a Whittier branch in 2025 and the reopening of its Palisades Village branch after the 2025 wildfires. A community celebration is planned for early 2027. City National, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles, with $100 billion in assets as of July 31, 2026.
City National Bank expands in Los Angeles with new Inglewood branch. Oct 29, 2026, 2:34 PM ET New full-service location expands access to personalized banking for Inglewood's growing community of small businesses and homeowners LOS ANGELES, Oct. 29, 2026 /PRNewswire/ - City National Bank has opened a new branch in Inglewood, building its presence in the Los Angeles community and bringing personalized banking and financial services to support small business growth and homeownership in one of Southern California's most dynamic communities. The 1,613-square foot branch, located at the corner of East Manchester Boulevard and South La Brea Avenue, is now open to serve individuals, families and businesses throughout Inglewood and neighboring communities with a full range of personal and business banking, mortgage, cash management and wealth management solutions. The location features multiple service and consultative desks, private meeting spaces and a 24-hour ATM, all designed to support the financial success of Inglewood's business owners and residents. Inglewood is a vibrant, growing community attracting businesses of all sizes across hospitality, entertainment, healthcare, sports, aerospace and other key sectors. With major sports and entertainment venues, ongoing infrastructure projects and commercial activity, the city is transforming into a community ideal for small businesses and residents who intend to call Inglewood home for the long term. "As Inglewood continues to evolve, we see a meaningful opportunity to build lasting relationships with the individuals and businesses shaping the community's future," said Lindsay Dunn, executive vice president and head of Personal & Business Banking. "We're committed to helping entrepreneurs grow their business and residents achieve homeownership through trusted personalized guidance." City National is proud to already be part of Inglewood's rich history and strong community. In June, the bank hosted "Ask the Banker," a community education event empowering residents and business owners with financial guidance. The bank also partnered with Los Angeles Urban League to offer workshops on homeownership pathways, sponsored the Inglewood Music Festival, and donated school supplies and backpacks to local students at Woodworth Monroe School and Centinela School. City National also has plans to donate a book vending machine to a local elementary school in the coming weeks, expanding access to reading resources for young learners. The Inglewood branch opening reflects City National's continued commitment to the LA region, following the opening of its Whittier branch in 2025 and the recent reopening of its Palisades Village branch following the 2025 LA wildfires. These investments showcase the bank's dedication to serving the diverse businesses and families throughout the greater LA area and making banking more accessible for everyone. "Inglewood's mix of entertainment, healthcare and aerospace businesses creates real opportunities for local professionals and entrepreneurs, and our team is here to help them build stronger businesses and personal wealth," said Leo Pierre, branch manager. "We're honored to be part of Inglewood's next chapter." Located at 130 East Manchester Boulevard, Inglewood, CA 90301, the Inglewood branch is now fully open Monday through Friday from 9 a.m. to 5 p.m. City National will host a community grand opening celebration in early 2027 to mark the occasion; event details will be announced separately. About City National City National Bank is dedicated to helping clients thrive and communities prosper. Founded in 1954, City National is the largest bank headquartered in Los Angeles with $100 billion in assets as of July 31, 2026. A subsidiary of Royal Bank of Canada, City National delivers personalized service and specialized expertise in wealth management and private banking, entertainment and sports banking, commercial banking, and consumer banking, with branches and banking offices in major markets across the Western, Mid-Atlantic and Southeast U.S. City National and its affiliates RBC Rochdale, RBC Securities and RBC Trust Company (Delaware) Limited manage or administer $113 billion in client investment assets. In 2025 alone, the company made charitable contributions of nearly $11 million to nonprofits that support the communities it serves. City National Bank. Member FDIC. RBC Rochdale, LLC, is an SEC-registered investment adviser and wholly owned subsidiary of City National Bank. RBC Securities, Inc., is an SEC-registered investment adviser and broker-dealer, Member FINRA / SIPC, and an indirect, wholly owned subsidiary of Royal Bank of Canada. RBC Trust Company (Delaware) Limited is a wholly owned subsidiary of City National Bank. City National Bank does business in the state of Florida as CN Bank. For more information, visit cnb.com. Equal Housing Lender | NMLSR ID# 536994 SOURCE City National Bank NOTE: This content is not written by or endorsed by "KSWB", its advertisers, or Nexstar Media Inc.
City National grows with new Inglewood branch. Inglewood, the new banking frontier. It's not every day you see a bank banking on Inglewood, so to speak. Yet here Investors Hangout, LLC is. City National Bank is setting up shop in this buzzing part of Los Angeles, and it's high time someone paid attention to this vibrant hub. With major players in sports, entertainment, healthcare, and even aerospace calling Inglewood home, there's plenty to go around for the financial sectors willing to plant roots here. The new branch and its features. Situated on the corner of East Manchester Boulevard and South La Brea Avenue, the new 1,613-square foot branch isn't skimping on offerings. It's dishing out a smorgasbord of banking services: personal and business accounts, mortgage advice, cash management - you name it. Sprinkle in some wealth management solutions and you've got yourself a one-stop financial shop. And don't overlook the multiple service desks, private meeting spaces, and that 24-hour ATM - always helpful when nobody wants to be bothered by banking hours. More than just a location. City National isn't just about swiping cards and sealing deals. By embedding itself in the area, it's aiming to be a part of Inglewood's fabric, driving growth for local businesses and aiding homeownership. Last June, the bank even threw an "Ask the Banker" event to shell out financial advice to the locals. They've linked arms with the Los Angeles Urban League too, offering workshops connecting folks with pathways to homeownership. "As Inglewood continues to evolve, we see a meaningful opportunity to build lasting relationships with the individuals and businesses shaping the community's future," said Lindsay Dunn, executive vice president and head of Personal & Business Banking. Community and corporate responsibility. The importance of a bank stepping up to serve its community cannot be understated. City National has not only sponsored local music festivals and donated school supplies but is planning to roll out a book vending machine for a local elementary school. It might sound small, or like simple PR, but these are the moves that knit a community tighter. Inglewood's business landscape. Let's cut to the chase: Inglewood's business environment is hot right now. Mayor James Butts and city planners have seen the untapped potential in entertainment and sports venues, and banks like City National are catching on. It's a chance to slap their expertise onto the area's swelling business scene. A strategic expansion. Leo Pierre, the branch manager, nailed it by saying, "Inglewood's mix of entertainment, healthcare, and aerospace businesses creates real opportunities for local professionals and entrepreneurs, and our team is here to help them build stronger businesses and personal wealth." With this expansion, City National wants to be the bank that grows alongside Inglewood, not merely in it. Marking the territory. The grand opening celebration scheduled for early 2027 isn't just another ribbon-cutting ceremony. It's City National's declaration of their commitment to make banking both accessible and beneficial for everyone around these parts. Knowing how this industry works, keeping promises isn't a given, but they've laid out the welcome mat regardless. Conclusion. As far as investments go, this isn't just about numbers and bottom lines for City National; it's about planting seeds that sprout into long-lasting community and economic growth. They're angling to become a pillar in a foolproof plan to elevate the Inglewood community - time will tell if it pans out.
Banc of Cal expands to private banking. The regional bank will court wealthy clients for its new service offering. October 26, 2026 Los Angeles is a hotbed of established and budding personal wealth, and Brentwood-based Banc of California has thrown its hat into the ring to service those riches. The $34 billion regional bank launched a private banking division last week after 85 years of lending to businesses. Leading Banc of Cal's new team is Aaron Houpis, who joined in 2019 as a market executive before getting tapped to manage the bank's specialty deposits group. Houpis' recent promotion has him serving as executive vice president and managing director of specialty deposits and private banking. "We designed a high-touch solution with input from clients and wealth managers who felt there was a gap in the market on the personal side, having experienced Banc of California's service-first approach on the business side," Houpis said in a news release. The team will "fill the void we see in the market for a very high-touch, tech-forward banking experience," said Jared Wolff, Banc of Cal's chair and chief executive in the release. The bank will offer a standard roster of services to high-net-worth clients, including premium deposit accounts, customized personal lending and lines of credit, and treasury solutions. Bank of Cal joins several other entrants that have recently trickled into the Southern California market to service the wealthy. Last fall, Providence-based Citizens Private Bank expanded its presence into L.A. with new offices in Beverly Hills and Manhattan Beach. Downtown-based City National Bank beefed up its private banking team in L.A., Orange County and the Bay Area in August, hiring 10 new bankers. Private banking has become an increasingly lucrative business, with national industry-wide revenue growing annually at 7.5% to $128.7 billion in the last five years, according to a report from market research firm IBISWorld.
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Industries
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Los Angeles, CA
Founded
1953
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs