City National Bank Increases Its Prime Interest Rate to 8.25 Percent.LOS ANGELES--(BUSINESS WIRE)--Aug. 24, 1999-- City National Bank, a federally chartered commercial bank with headquarters in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. has increased its prime rate from 8.00 percent to 8.25 percent effective Aug. 25. City National Corp.'s principal subsidiary is City National Bank, Southern California's premier business and private bank. A federally chartered, $6.3 billion commercial bank, City National has 41 offices throughout Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Orange, Riverside, San Bernardino, San Diego and Ventura counties. City National is a publicly owned corporation whose stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "CYN CYN Canyon ". For more information about City National, call the company's Fax-On-Demand Information Service at 800/873-5293, or visit City National's Web page at http://www.cnb.com. |
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