Virtually every major equity index in the world fell by at least 4 percent last week in response to the increasingly negative news emanating from the Eurozone.
City National Corporation Declares Quarterly Dividend
LOS ANGELES – The board of directors of City National Corporation (NYSE: CYN) today announced a quarterly common stock cash dividend of $0.10 per share. The dividend will be payable on May 19, 2010 to stockholders of record on May 5, 2010.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation. It is backed by $21.1 billion in total assets, and provides banking, investment and trust services through 67 offices, including 17 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 $55.1 billion in client investment assets, including more than $35 billion under direct management.
For more information about City National, visit the company’s Website at cnb.com.
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