LOS ANGELES, Aug. 13, 2009 (GLOBE NEWSWIRE) -- City National Corporation (NYSE:CYN) today announced that Bram Goldsmith and Russell Goldsmith have executed several estate planning-related transactions involving the transfer of 1,900,000 shares of company stock for the benefit of family members.

No City National Corporation shares are being transferred outside the family and its related trusts. The share transfers have been reported as required with applicable regulatory authorities.

About City National

City National Bank is the wholly owned subsidiary of City National Corporation. Headquartered in Los Angeles, the company is backed by $17.7 billion in total assets, and provides banking, investment and trust services through 63 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. City National and its eight majority-owned investment affiliates manage or administer $47.8 billion in client investment assets, including more than $30 billion under direct management.

The City National Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3142

CONTACT:  City National Corporation
          Media Contact:
          Cary Walker
          213.673.7615
          Cary.Walker@cnb.com