March 19, 2021CIO Galvin on CNBC: This is a Buying OpportunityCity National Rochdale Chief Investment Officer Tom Galvin was a guest on CNBC's “Squawk on the Street” program, where he discussed optimism for a multi-year economic expansion and opportunities in this market.
January 28, 2021Verna Grayce ChVerna Grayce Chao on City National’s Payments Ecosystemao on City National’s Payments EcosystemVerna Grayce Chao, executive vice president in charge of City National’s Treasury Management Solutions division, was a featured panelist at PYMNTS Next-Gen Business Banking conference. Chao discussed City National’s payments ecosystem and its journey to become a digitally enabled relationship bank.
“City National Bank is a fintech,” said Chao. “We’ve been building out an ecosystem that seamlessly integrates banking and data workflows for over a decade. Our end-to-end platforms provide us the ability to enrich the client experience and the opportunity to starburst into new markets.”
To watch the video, click here.
January 07, 2021CIO Galvin on Bloomberg: Inflation Would Be a Good ThingCity National Rochdale Chief Investment Officer Tom Galvin was a guest on Bloomberg’s “The Close” program, where he discussed his economic outlook for 2021, stocks to avoid, and investment opportunities in small-cap stocks, post-pandemic beneficiaries and emerging markets Asia.
“A little inflation would be a good thing,” said Galvin, noting that prospects for economic recovery are strong once the pandemic is behind us. “Once we get through any weakness caused by the pandemic and potential lockdowns, there will be an inventory rebuild cycle. There is pent-up demand, not just for travel and entertainment, but for goods… If inflation goes up, that will be a good signal of economic health.”
December 24, 2020Todd Burach Featured at Sports Business Journal ConferenceTodd Burach, senior vice president and senior relationship manager with City National’s Entertainment Banking team in New York, was recently featured as a speaker at the Sports Business Journal Dealmakers in Sports virtual conference.
Burach spoke with the CEO of REP1, Chris Koras, about the sports agency's strategy for implementing acquisition-based growth amid the pandemic. They shared notes on the industry’s biggest challenges in a year like no other, the future of sports finance, and how City National is supporting REP1 and other clients before, during and after the pandemic.
To watch the panel session, click here.
October 09, 2020CIO Galvin on Bloomberg: No Fiscal Support Could Be the Grinch that Steals ChristmasCity National Rochdale Chief Investment Officer Tom Galvin was a guest on Bloomberg’s “The Close” program, where he discussed the economic recovery, how vaccine developments and the potential for lockdowns are keeping him up at night, the upcoming election and the market’s strongest week since August.
“Not getting fiscal support could be the Grinch that steals Christmas,” said Galvin, noting it would be best if a fiscal stimulus package came before end of year to bolster holiday spending and provide companies with the confidence to hire and invest. “Never say never,” he said. “I think we’ll get it. The timing is the aspect that’s hard to tell.”