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City National Bank hires Matthew Benson in Los Angeles

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City National Bank has hired Matthew Benson in its private client services group in Los Angeles.

Benson (pictured) will serve as a vice president focusing on high net worth clients, primarily in downtown Los Angeles and the San Gabriel Valley.

In his new capacity, Benson will oversee client service and retention, business development and investment management for the bank’s high net worth clients.

Benson reports to Scott Witter, senior vice president and manager of City National’s private client services division in Los Angeles.

"As a certified financial planner with significant investments and trust experience, Matt will be a great addition to our team. His background will allow him to engage the high net worth clients that City National is known to attract," says Witter.

Benson most recently served with US Trust-Bank of America, Private Wealth Management in Pasadena. He joined US Trust in 2006. He previously worked with Wells Fargo Private Bank in Beverly Hills as part of a sales team developing wealth plans for individuals and families.

"The client-centred culture at City National Bank has always been impressive. The firm continues to deliver a superior client experience through tailored solutions and personal relationships, so clients continue to reward City National Bank with unmatched loyalty. That is exciting," says Benson.

City National Bank is the wholly owned subsidiary of City National Corporation. It provides banking, investment and trust services through 64 offices, including 16 full-service regional centres, in Southern California, the San Francisco Bay Area, Nevada and New York City.

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