NEW YORK, July 1, 2011 (GLOBE NEWSWIRE) -- City National Bank announced today that it has hired two more bankers in Manhattan who will better serve the bank's many entertainment industry clients who reside or do business in New York.
"The addition of these new entertainment bankers highlights City National's growing success, presence and commitment to New York," said Rich McCune, who heads City National's Entertainment Division in New York. "This further strengthens our ability to meet the needs of entertainment clients who do business on both coasts and attract new clients."
Boris Gluzberg joins City National as a vice president and senior relationship manager. With more than 15 years of experience, he was most recently a private banker for ultra wealthy families at Wells Fargo in New York. He also served with BNY Mellon Wealth Management and Citigroup North America. He reports to Rich McCune.
David B. Oliver joins the bank in New York as a vice president and relationship manager. With extensive experience as a banker to the film and television industry, he was formerly with Comerica Bank in Los Angeles and also worked at The Walt Disney Company and Sony Music Entertainment. He will report to David Acosta, a senior vice president and team leader in New York also on McCune's team.
City National opened its first New York office in December 2002, and since then the loans and deposits at this Park Avenue location have grown to more than $1 billion. City National offers a broad range of private and business banking and wealth management services to its clients, including those in the entertainment industry and in law firms, accounting firms and business management firms that conduct business in New York and California.
In January, City National opened a second New York office near Times Square about two blocks from Rockefeller Center, in part to serve the bank's Broadway clients. City National currently delivers custom banking services to about one-third of the shows on Broadway. Its services range from cash management to foreign exchange and letters of credit. City National also provides wealth management services and is known for personal service.
For photos:
http://www.cnb.com/images/photos/david-oliver.jpg
http://www.cnb.com/images/photos/Boris-Gluzburg.jpg
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $21.6 billion in total assets, and provides banking, investment and trust services through 81 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its investment affiliates manage or administer $60.1 billion in client investment assets, including nearly $38 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.
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