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Message Boards Settings City National Corporation (CYN) - Quote Info
Re: Done with CYN      7-Nov-09 02:24 pm    
"small acquisitions puff up revenue, aum, etc....and in the end no meaningful growth for a bank that should be taking major market share in this economy(NOT too big too fail,high net worth clients, troubled competitors,etc"

Maybe waiting for the right assets at the right price and diligent adherence to long-term growth got this company to this point without going under? I think you totally missed the boat on this one. Read on:

Los Angeles-based City National (CYN), which caters largely to businesses as well as affluent customers, recently indicated it was looking to expand its presence in Northern California after it acquired a branch in the Silicon Valley region in late August.

"Going to San Jose was always part of our plan," said City National CEO Russell Goldsmith. "It was an attractive way to get into the third-largest city in California and complete the circle around the [San Francisco] Bay area."
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  Subject Author Rating Time of Post (ET)  
 
CYN stayed with its multiyear pattern...disappoint on t...
frampton246 Rate it 23-Oct-09 10:47 am  
 
Frampton, Spare us the pointless sermon. Just t...
yes_free_wi... Rate it 30-Oct-09 06:11 pm  
 
Re: Done with CYN
yes_free_wi... Not rated 7-Nov-09 02:24 pm  
 
So a magazine reporter needed a quote, will that r...
frampton246 Rate it 9-Nov-09 04:38 pm  
 
Frampton, Gee Pete. I guess I wasn't focu...
yes_free_wi... Rate it 9-Nov-09 05:55 pm  
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City National Corp. (CYN)

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At 12:00PM ET: 39.36 Up 0.32 (0.82%)
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