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City National Bank Hires Experienced Banker to Lead Private Banking in Northern California

September 8, 2017

City National Bank Hires Experienced Banker to Lead Private Banking in Northern California

SAN FRANCISCO – City National Bank, America’s Premier Private and Business Bank®, announced today that Eric Stern has joined the company as a senior vice president and Northern California regional manager.

Stern leads City National’s Private Banking team in Northern California, delivering City National’s exceptional service and expertise to high-net-worth clients from offices in San Francisco, Walnut Creek, Palo Alto and San Jose. Stern and his team provide high-net-worth families, professional services firms and select nonprofit organizations with tailored advice, solutions and unparalleled service on investment management, lending, banking, trust and complex wealth planning. Stern reports to Michael Pagano, executive vice president and head of Private Banking at City National.

“We are pleased to have an experienced leader like Eric join us to continue our growth in such a dynamic and exciting region,” said Pagano. “He’s a great addition and has a track record of delivering the exceptional level of service and expertise that clients have come to expect from City National in the Bay Area.”

Before joining City National, Stern served as a managing director for Ascent Private Capital Management of U.S. Bank, based in San Francisco. There, he led the banking and lending activities for ultra-high-net-worth clients in California. His previous experience also includes working with high-net-worth clientele at Morgan Stanley and Citigroup Private Bank. Stern is a graduate of the University of California, Santa Barbara, and he earned a master’s degree in business administration from the University of Southern California.

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About City National

With $46.9 billion in assets, City National Bank provides banking, investment and trust services through 72 offices, including 17 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta and Minneapolis. In addition, the company and its investment affiliates manage or administer $60.8 billion in client investment assets.

City National is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies. RBC serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 35 other countries.

For more information about City National, visit the company’s website at