This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

City National Bank Adds Two New Technology Bankers And Opens Loan Production Office In Boston

BOSTON, July 17, 2013 (GLOBE NEWSWIRE) -- In a move that expands its growing technology and venture capital banking business to the East Coast, City National Bank has added two seasoned bankers and opened a loan production office in Boston.

The bankers, William Sweeney and James Demoy, will be responsible for providing technology companies and entrepreneurs with a wide array of credit, banking and investment solutions.

"City National is committed to meeting the financial needs of technology entrepreneurs and their companies and investors - no matter where they are located in the U.S. - by providing them experienced talent along with outstanding banking and investment capabilities," said City National Bank President Christopher Warmuth. "Clearly the long-standing and vibrant tech community in greater Boston was a very logical expansion location for City National's technology focus once we were able to bring Bill and Jim on board."

William Sweeney joins City National as senior vice president and regional director. Sweeney is a Massachusetts native with more than 15 years of experience in technology lending. He was recently a managing director at Comerica Bank and ran its Waltham office. There, he was responsible for leading a team in originating and closing financing transactions for venture and private equity backed companies. Sweeney is a graduate of Suffolk University and received his master's degree in business administration from the F.W. Olin School of Business at Babson College in Wellesley, Mass. He will report to Rod Werner, senior vice president and managing director of technology and venture capital banking for City National in San Francisco.

City National has also hired James Demoy from Comerica as vice president and senior relationship manager. Demoy has been a technology banker for more than 15 years, working with venture and private equity backed companies. In addition, he has more than 25 years of experience in banking in a variety of roles, including providing credit products to venture capital firms.  He is a graduate of Bentley University in Waltham, Mass., with a bachelor's degree in finance. He will report to Sweeney.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs