LOS ANGELES--(BUSINESS WIRE)--March 21, 2006--City National Bank,California's Premier Private and Business Bank(R), has added the"International Business Outlook" to its list of RSS feeds and podcastsavailable to clients and others who visit its Website at www.cnb.com.
The monthly outlook, which will be authored by City National'sForeign Exchange Manager Peter Ro, also is available as a downloadablePDF and via streaming audio. The "International Business Outlook" willprovide importers, exporters and others who do business or investabroad with an analysis of current economic conditions and suggestionson how they can use that information to improve their business andpersonal finances.
"We're seeing a growing number of clients who are looking for asmuch information as they can get about doing business or investinginternationally," Ro said. "Our International Banking colleagues havetremendous insight about foreign currency, international markets andtrade financing, and delivering this information to our clients andothers via RSS and podcasting demonstrates our commitment to providingvalue-added content online."
Last month the bank announced that all company-issued newsreleases, as well as daily foreign exchange commentary and weekly"Market Perspectives" from City National's Chief Investment OfficerRichard A. Weiss, are available in RSS. "Market Perspectives," whichhighlights economic trends and market activity each week, also isavailable with a free podcast subscription.
RSS allows users to subscribe to content from any Website thatoffers an RSS feed. Using a news reader, or "aggregator," subscriberscan view the content on their desktops and have it updatedautomatically each time the feed is revised. Podcasting enablessubscribers to automatically receive audio files over the Internet andlisten to those files on their computers or to load them onto portabledevices, such as MP3 players.
City National is one of the first financial institutions in thenation to utilize RSS feeds and podcasts as alternative solutions forclients. The bank plans to expand its offerings with additionalcontent - including economic forecasts, executive speeches and othertimely information - throughout the year.
About City National
City National Corporation (NYSE:CYN) is a financial servicescompany with $14.6 billion in total assets. Its wholly ownedsubsidiary, City National Bank, provides banking, investment, andtrust services through 55 offices, including 12 full-service regionalcenters, in Southern California, the San Francisco Bay Area and NewYork City.
City National Bank's International department serves businesses,professional firms, business managers and their clients, andentrepreneurs through a range of international banking services,including trade financing, currency management, foreign exchange,foreign credit information, online foreign exchange and online lettersof credit.
For more information about City National, visit the company'sWebsite at cnb.com.
CONTACT: City National Bank
Daniel Minkoff, 213-833-4731
SOURCE: City National Bank