City National Corporation operates in the National commercial banks sector. City National Corporation (the Corporation) is a bank holding company and a financial holding company. The Corporation provides a range of banking, investing and trust services to its clients through its wholly owned banking subsidiary, City National Bank (the Bank). The Bank is a national banking association and operating through 76 offices, including 17 full-service regional centers, in Southern California, the San Francisco Bay area, Nevada and New York City. The Bank's principal client base consists of small to mid-sized businesses, entrepreneurs, professionals, and affluent individuals. The Corporation has three segments: Commercial and Private Banking, Wealth Management, and Other. On May 7, 2010, the Bank acquired the banking operations of 1st Pacific Bank of California. On May 28, 2010, the Bank acquired the banking operations of Sun West Bank (SWB). On November 15, 2010, it completed an acquisition of a Los Angeles, California-based accounting software firm, Datafaction. In
our complete report available for purchase the company is compared to: Fulton Financial Corporation, Webster Financial Corporation and BOK Financial Corporation.