City National Bank sold to Royal Bank of Canada

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A New York branch of the Los Angeles based City National Bank in Midtown Manhattan on Friday, January 23, 2015. The bank, which is associated with the entertainment industry, will be purchased by the Royal Bank of Canada for $5.4 billion. CNB will remain a separate brand of RBC. (© Richard B. Levine)
A New York branch of the Los Angeles based City National Bank in Midtown Manhattan on Friday, January 23, 2015. The bank, which is associated with the entertainment industry, will be purchased by the Royal Bank of Canada for $5.4 billion. CNB will remain a separate brand of RBC. (© Richard B. Levine)
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