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City National Bank Hires Richard G. Stasand As Senior Private Client Advisor In Orange County

IRVINE, Calif., April 5, 2013 (GLOBE NEWSWIRE) -- City National Bank today announced that Richard G. Stasand has joined Private Client Services as a senior vice president and senior private client advisor in Irvine. He will be part of an expanded private banking focus in Orange County.

Stasand will serve high-net-worth families, related professional service firms and nonprofits in Orange County, offering City National clients a full range of financial solutions, including custom credit, wealth management and trust solutions. He will report to Carla Furuno, senior vice president and manager for Private Client Services in Orange County and San Diego.

"A well-respected wealth advisor in Orange County with more than 30 years of expertise, experience and strong relationships with clients here, we are so pleased Rick has joined the City National team," said Michael Pagano, executive vice president and manager for Private Client Services.

Prior to joining City National, Stasand was most recently a managing director for Citi Private Bank in Costa Mesa where he advised high-net-worth individuals and their families. He joined Citi after 20 years with Bank of America Private Bank/U.S. Trust as a managing director where he worked with individuals, families, private foundations and charitable organizations in advising on investments, estate planning and taxes.

Stasand earned a Bachelor's degree in business administration from the University of Arizona. He currently sits on the board of directors of the South Coast Repertory and is an active member of the finance committee.

(For an image of Stasand go to: )

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $28.6 billion in total assets, and provides banking, investment and trust services through 78 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. The company and its investment affiliates manage or administer $56.7 billion in client investment assets, including $38.2 billion under direct management.

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