The awards - among the first presented in the new middle-market category - are based on interviews of nearly 17,000 executives conducted nationwide by Greenwich earlier this year.
City National was recognized for its performance in:
* Overall Satisfaction
* Overall Satisfaction/West
* Relationship Manager Performance (Based on innovative advice,
prompt client follow-up, product specialist coordination, client
visit frequency, knowledge of treasury management)
"City National is extremely honored to be one of only a handful of banks recognized for exceptional performance serving middle-market businesses," said Rod Banks, executive vice president, Commercial Banking Services. "These awards reflect the combined contributions of the bank's 3,000 colleagues who are dedicated to meeting the unique needs of each of our clients."
"Our clients also can rely on the bank's strength and stability," said Banks. "Our strong financial position enables us to help our clients withstand the kinds of economic challenges we see today. City National remains a well-capitalized and consistently profitable institution, and one of the highest-rated banks in the country."
City National makes available to middle-market companies a wide range of financial services including commercial, term and asset-based lending; equipment leasing and financing; cash management; deposit and investment services; international banking and foreign exchange; and franchise finance. The bank also specializes in a variety of industries: agribusiness; apparel; accounting, legal, medical and professional services firms; entertainment; real estate; and technology.
Greenwich Associates is the leading global research-based consulting firm in institutional financial services. Greenwich's studies provide benefits to the buyers and sellers of financial services in the form of benchmark information on best practices and market intelligence on overall trends. Based in Stamford, Connecticut, with additional offices in London, Singapore, Toronto and Tokyo, the firm offers over 100 research-based consulting programs to more than 250 global financial-services companies.
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $16.3 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 eight majority-owned investment affiliates manage or administer $53.5 billion in client investment assets, including nearly $34 billion under direct management.
For more information about City National, visit the company's Website at cnb.com.
The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: City National Bank
City National Bank