City National Bank to Increase Its Prime Interest Rate to 9.50 Percent.Business Editors LOS ANGELES--(BUSINESS WIRE)--May 16, 2000 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., will increase its prime rate from 9.00 percent to 9.50 percent, effective May 17, 2000. City National Corp., with $8.4 billion in assets, is a publicly owned Publicly owned can refer to:
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 ." The corporation's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , City National Bank, is the premier business and private bank with headquarters in California. City National Bank has more than 50 banking offices throughout Los Angeles, Orange, Riverside, San Diego, San Bernardino, Ventura, San Francisco and San Mateo counties, as well as a loan production office in Sacramento. For more information about City National, call its 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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