City National Bank President Rich Raffetto spoke with the Los Angeles Business Journal about the bank’s drive into middle-market banking and its Paycheck Protection Program (PPP) efforts.
“We have a more competitive product set today than we have had historically to serve middle-market and mid-corporate clients,” Raffetto said.
Raffetto also discussed the bank’s PPP success and its preparations for a potential next round of funding. “We need to help those businesses and sectors who got the short end of the stick on the recovery.”
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