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City National Bank Hires Raymond J. DeRiggi As Senior Relationship Manager In New York

NEW YORK, April 19, 2013 (GLOBE NEWSWIRE) -- City National Bank today announced that Raymond J. DeRiggi has joined Entertainment in New York as a senior vice president and senior relationship manager as part of its growing team there.

DeRiggi will serve business management firms, athletes and agents as well as related family offices in New York, offering City National clients a full range of financial solutions, including custom credit, wealth management and trust options. He will report to Stephanie Dalton, senior vice president and team leader for Entertainment in New York.

"We are so pleased that such a well-respected wealth advisor in New York with more than 30 years of expertise and relationships has joined our growing team at City National," said Richard McCune, senior vice president and manager for Entertainment.

Prior to joining City National, DeRiggi was most recently a senior vice president and relationship manager for PNC Bank in New Jersey for nearly 20 years. He joined PNC from Chase Manhattan Bank in New York, where he was a vice president and relationship manager for more than six years. He also worked at Smith Barney and Citibank in New York.

DeRiggi attended Seton Hall University and he currently sits on the boards of trustees for the Susan G. Komen for the Cure and the New Jersey Battered Women's Services.

(For an image of DeRiggi go to:   https://www.cnb.com/PublishingImages/Raymond-Deriggi.jpg )

City National has offered banking services in New York City for over a decade through its branches on Park Avenue and near Times Square. The bank has rapidly grown operations there. It continues to expand in New York and will open two new branches this year, including one on 6 th and 44 th on June 10th. City National provides banking services to nearly 60% of current Broadway shows including, "Book of Mormon."

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $27.4 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 $59.0 billion in client investment assets, including $39.7 billion under direct management.

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