ADVISORY, Sept. 24, 2007 (PRIME NEWSWIRE) -- City National Bank on October 18, 2007 will host a free, interactive Web presentation featuring CNBC's Ron Insana and City National Chief Investment Officer Richard A. Weiss, who will talk about the challenges of investing in today's environment against the backdrop of the 20-year anniversary of the 1987 stock market crash. At the end of the presentation, they will take questions from participants.
As if today's market volatility isn't enough, the '87 crash (along with the 1998 credit crunch and 2000 tech bubble) is a stark reminder of how quickly things can change for investors. Fortunately, there are many lessons from the past two decades that can be applied today. This Webinar will demonstrate how individuals who learn to heed the warnings of the markets can make better decisions about their investments, mortgages and loans, real estate purchases, career choices and much more.
WHAT: City National Web Seminar: Breaking Financial News: Know When to Act Before the Market Reacts WHO: Ron Insana, senior analyst and financial expert CNBC Insana is CNBC's senior analyst and commentator giving his perspective on important business stories. He also appears on "Squawk Box" once a month. He has been a regular contributor to NBC's "Today" and "NBC Nightly News with Brian Williams." He has authored three books, including "Trend Watching: How to Avoid Wall Street's Next Fads, Manias and Bubbles," which was published by Harpers Business in November, 2002. Insana was nominated for a Golden ACE Award while at FNN for his role in covering the 1987 stock market crash, and in 1999, was named one of the top 100 business news journalists of the century by TJFR Group. Richard A. Weiss, chief investment officer City National Bank As chief investment officer, Weiss oversees the management of more than $10 billion in client assets. He has more than 20 years of experience in the investment management field, and has authored several academic research papers on finance and econometrics, is well known for his advanced work in the field of global investing, and is a frequent guest on business radio and television programs. Weiss owns a master's degree in business administration from the University of Chicago, and a bachelor's in finance from The Wharton School at the University of Pennsylvania. WHEN: 12 p.m. (Eastern)/9 a.m. (Pacific) Thursday, October 18, 2007 WHERE: Live Webinar from New York City, accessible though a computer with Internet access HOW: To register, visit www.cnb.com/invest. Web browser supplies the video and audio. Audio also is available through a telephone connection.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $15.8 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 $57 billion in client investment assets, including $35.9 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.
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