NEW YORK, Nov. 26, 2012 (GLOBE NEWSWIRE) -- City National Bank today announced that veteran trust administrator Paula Laliberte has joined Trust Services as a senior vice president and regional trust manager in New York City.
Laliberte will serve high-net-worth families, individuals, entrepreneurs, hedge fund and private equity professionals and professional service firms in New York to ensure that clients can take advantage of all the capabilities of City National, including credit, private wealth management, treasury and cash management, foreign exchange, and trust solutions. She will report to Mike Dowling, manager for Trust Services in Los Angeles.
"Especially with looming changes in the tax laws, Paula brings the expertise to find trust and estate planning solutions for our clients," said Dowling. "She will work with your attorney or accountant to help craft a custom plan to serve your needs and protect your assets."
Prior to joining City National, Laliberte spent more than 20 years with U.S. Trust in New York where she was a senior vice president and trust relationship officer in charge of more than 250 accounts. Before that she worked at National Westminster Bank and Chemical Bank. She is a graduate of Wheaton College in Norton, Mass., and received her MBA in finance from Fordham University.
In addition, Bobbie Larkin was promoted to vice president and personal trust officer in City National Bank's Delaware office. Larkin joined City National in 2010 and before that she worked at Wilmington Trust Co. in Pennsylvania for about five years. She will report to Laliberte in New York.
"We opened our offices in Delaware – a jurisdiction that offers unique planning opportunities – about two years ago and we've had good growth there, thanks in large part to Bobbie's networking and strong work ethic," said Dowling.
(For an image of Laliberte go to: https://www.cnb.com/PublishingImages/Paula-Laliberte.jpg)
(For an image of Larkin go to: https://www.cnb.com/PublishingImages/Bobbie-Larkin.jpg)
About City National
City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $23.7 billion in total assets, and provides banking, investment and trust services through 79 offices, including 16 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Tenn., and Atlanta. The company and its investment affiliates manage or administer $54.5 billion in client investment assets, including more than $31 billion under direct management. For more information about City National, visit the company's website at cnb.com.
The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143
CONTACT: Media Contact: Debora Vrana, City National Bank, 213.673.7631 Debora.Vrana@cnb.com
Source:City National Bank