NEW YORK, June 10, 2014 (GLOBE NEWSWIRE) -- City National Bank announced today that it has hired two seasoned entertainment bankers in New York.
Kevin Fitze has joined City National Bank as a senior vice president and senior relationship manager and Lisa Berg has joined the bank as a vice president. Fitze has more than three decades of experience in banking and finance, and was formerly a senior vice president with the entertainment team at HSBC Bank. Berg was previously a vice president with HSBC in New York and has nearly two decades of experience. Both report to Stephanie Dalton, senior vice president and team leader for the Entertainment Division in New York.
City National, which has been in New York since 2002, provides private and business banking as well as wealth management services. Last year, the bank increased its access and visibility when it opened two new ground-floor banking offices in Manhattan. One was a two-story branch located in its New York headquarters building at the corner of Park Avenue and 54th Street, which enlarged the bank's significant presence in Midtown. The other new branch, located at 6th and 44th, houses the bank's Entertainment Division.
"With the addition of these two experienced bankers, we will be able to better serve more clients in Manhattan and provide more clients, business owners and professionals with an even greater range of City National's remarkable resources, relationship banking and wealth management," said Richard McCune, head of Entertainment in New York City for City National Bank. "City National has been successfully growing in Manhattan for over a decade and we are increasingly known for our expertise banking the entertainment industry."
For images of Fitze and Berg go to:
https://www.cnb.com/PublishingImages/Kevin-Fitze.jpg
https://www.cnb.com/PublishingImages/Elisabeth-Berg.jpg
City National currently provides banking services for nearly half of all Broadway shows, including: "A Gentleman's Guide to Love and Murder," "Beautiful: The Carole King Musical," "Book of Mormon," "Kinky Boots" and "Raisin in The Sun." The company provides banking and wealth management to more than 60 law firms as well as many other businesses and professional firms, including family offices, hedge funds and accounting firms throughout Manhattan and the tri-state area.
City National is now the 23rd largest American commercial bank and has been listed by Barron's as one of the nation's top 40 wealth management firms for the past 13 years. In 2014, Crain's New York named City National one of the 20 largest commercial banks in New York.
About City National
City National Corporation (NYSE:CYN) has $29.7 billion in assets. The company's wholly owned subsidiary, City National Bank, provides banking, investment and trust services through 77 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. City National and its investment affiliates manage or administer $66.4 billion in client investment assets, including $46.4 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.