updated 12/2/2010 9:15:28 PM ET 2010-12-03T02:15:28

NEW YORK, Dec. 2, 2010 (GLOBE NEWSWIRE) -- City National Bank announced today it has hired New York banking veteran Mimi Kidd as a vice president in its Private Client Services Division.

(For an image of Mimi Kidd go to: http://www.cnb.com/images/photos/mimi-kidd.jpg )

In her new capacity, Kidd will administer private client services in New York, providing wealth solutions for high-net-worth clients. She reports to Len Moscatelli, team leader for the Private Client Services Division in New York.

"Mimi has a long career as a private banker here in New York City and has built a strong following of loyal clients. We are delighted to have her as part of our growing team," said Robin Balding, senior vice president and team manager for City National's Private Client Services Division in New York.

With more than 25 years of experience advising high-net-worth clients in New York, Kidd most recently served as a senior vice president and managing director for Herald National Bank in New York. Previously, she served as a vice president with Sovereign Bank in New York and also has worked at Bankers Trust, Citibank and Republic National Bank.  Through her broad experience, Kidd has built strong relationships with high-net-worth clients on Wall Street and has extensive experience in private client management, trust planning and procurement of capital.

Kidd is a graduate of Simmons College in Boston, where she received a bachelor's degree in business management.

About City National

City National Bank is the wholly owned subsidiary of City National Corporation (NYSE:CYN). It is backed by $21.8 billion in total assets, and provides banking, investment and trust services through 74 offices, including 17 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. The company and its investment affiliates manage or administer $56.9 billion in client investment assets, including nearly $36 billion under direct management.

For more information about City National, visit the company's Website at cnb.com

The City National Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3143

CONTACT: City National Bank
         Media Contact:
         Debora Vrana
         213.673.7631
         Debora.vrana@cnb.com

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