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City National Hires Peyman Salehi as Manager of Beverly Hills Private Client Services Team

LOS ANGELES, March 27, 2015 (GLOBE NEWSWIRE) -- City National Bank, America's Premier Private and Business BankSM, announced today that it has hired Peyman Salehi as senior vice president and manager of the Beverly Hills private client services team.

Based out of the City National's Roxbury office in Beverly Hills, Salehi leads a team of private client services professionals and will be adding new bankers to better serve clients. Salehi and his team provide customized credit, investment management, wealth planning and trust services to high-net-worth families, select nonprofits and professional services firms. He reports to Gwen Miller, executive vice president and manager of private client services in the greater Los Angeles area for City National Bank.

With more than two decades of wealth management and banking experience, Salehi most recently served as the managing director for J.P. Morgan Private Bank's high net worth team in Chicago. In this capacity, his team provided comprehensive wealth management solutions and services to high-net-worth clients in the downtown Chicago area.

"We are very happy to have Peyman lead our private client services colleagues in Beverly Hills and know we will be better able to serve more clients under his leadership," said Gwen Miller, executive vice president for City National Bank. "Peyman brings with him more than 20 years of experience helping clients meet their private banking goals and his background fits nicely with our clients and our colleagues."

Salehi earned his bachelor's degree from Loyola Marymount University and his juris doctorate from Southwestern University.

For an image of Salehi, go to: https://www.cnb.com/PublishingImages/Salehi-Peyman.jpg

About City National

City National Corporation (NYSE:CYN) has $32.6 billion in assets. The company's wholly owned subsidiary, City National Bank, provides banking, investment and trust services through 75 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. City National and its investment affiliates manage or administer $60.8 billion in client investment assets, including $48.1 billion under direct management.

For more information about City National, visit the company's Web site at cnb.com.

CONTACT: Media Contact: Debora Vrana, City National Bank, 213.673.7631 Debora.Vrana@cnb.com

Source:City National Corporation