City National (CYN) Misses Q4 EPS by 2c

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City National Corporation Announces Definitive Agreement to be Acquired by Royal Bank of Canada

January 22, 2015 7:00 AM EST

Agreement Seeks to Create Strong Combination of U.S. Private and Business Banking and Wealth Management Capabilities

Russell Goldsmith to Remain City National's Chairman and CEO and Will Lead RBC's U.S. Wealth Management Unit

City National Shares Valued at Approximately $93.80 Per Share in Cash and Stock

LOS ANGELES, Jan. 22, 2015 (GLOBE NEWSWIRE) -- City National Corporation (NYSE: CYN) and Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced a... More