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City National Corp.

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United States

Founded in

1953 (72 Years)

Founded

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3.33

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know City National Corp.

    City National Corporation operates as the bank holding company for City National Bank that provides banking, investment, and trust services to small to mid-sized businesses, entrepreneurs, professionals, and affluent individuals. The company operates in Commercial and Private Banking, and Wealth Management segments. It offers various deposit products; and loans and lease products comprising commercial and lease financing, residential mortgage loans, commercial real estate mortgage loans, real estate construction loans, home equity loans and lines of credit, installment loans, and covered loans. The company also offers cash management, international banking, equipment financing, and other products and services. In addition, it provides investment management, advisory, and brokerage services, including portfolio management, securities trading, and asset management services; personal and business trust, and investment services, such as employee benefit trust services, and 401(k) and defined benefit plans; and estate and financial planning and custodial services. Further, the company offers proprietary and nonproprietary products to provide a spectrum of asset classes and investment styles consisting of fixed-income instruments, mutual funds, domestic and international equities, and alternative investments. As of July 2, 2014, it operated 77 offices, including 16 full-service regional centers in southern California; the San Francisco Bay area; Nevada; New York City; Nashville, Tennessee; and Atlanta, Georgia. The company was founded in 1953 and is based in Los Angeles, California.

    Industry

    • Financial BankingPRIMARY
    • Financial Other Service

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