City National Bank announced its continued commitment to serving the food and beverage industry by hiring, over the last year, 16 new bankers with decades of expertise in the food and beverage industry nationwide.
City National, a subsidiary of Royal Bank of Canada, one of North America’s largest financial institutions, has a long history in financing specialized industry areas such as entertainment, restaurant franchises and healthcare. Launched a year ago, the food and beverage team has already been a lender to more than 20 companies in transactions totaling more than $500 million in commitments, and this new team will continue the strong success nationwide.