LAS VEGAS, March 18, 2008 (PRIME NEWSWIRE) -- City National Bank today announced that it is now actively pursuing personal trust business in Nevada through its Wealth Management Services group with the hiring of Marc Goldstein as vice president and trust officer for Personal Trust Services. In this capacity, Goldstein will be responsible for the administration of personal trust, investment management and custody accounts for Wealth Management clients in Nevada. With statewide responsibilities, he will work out of the bank's wealth management offices in Las Vegas and Reno. (For an image of Goldstein, go to http://www.cnb.com/images/photos/marc_goldstein.jpg)
Goldstein brings over 10 years of experience in the private banking and financial services industry to City National Bank's Nevada operation. Previously, he worked for City National's Wealth Management Services group in California for two years before relocating to Nevada. Goldstein also serves as a member of City National's Trust Administration Committee.
Prior to joining City National in 2006, Goldstein served as a relationship manager with Citigroup Private Bank in Los Angeles. His primary responsibilities were to develop and manage relationships on behalf of the Law Firm group. Goldstein began his private banking career with JP Morgan Private Bank in 1998 where he served in various roles both domestically and internationally.
"We are very pleased to have Marc join our Wealth Management group in Nevada," said John Guedry, executive vice president and Nevada region manager of City National Bank. "Marc brings a wealth of experience for some highly sophisticated investment products and services to our marketplace. His expertise will provide us with a competitive edge in the personal trust business."
Goldstein is a graduate of the Wharton Management Program and holds a Bachelor of Arts degree from California State University, San Bernardino. He currently holds his Series 7, 63 and 65 Securities Licenses, as well as the Certified Financial Planner designation from the CFP Board of Standards and has completed a certificate in Personal Financial Planning from UCLA. He has also served as a member of the United States Air Force.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $15.9 billion in total assets, and provides banking, investment and trust services through 62 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its nine majority-owned investment affiliates manage or administer more than $59 billion in client investment assets, including $37.8 billion under direct management.
City National has nine branch offices in Nevada, including five in Las Vegas and one each in North Las Vegas, Reno, Carson City and Minden. The bank also has loan production offices in Reno and Stateline in South Lake Tahoe.
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For more information about City National, visit the company's Website at cnb.com.