Return to UBS tops private banking poll
City National Bank
In 1963, Frank Sinatra’s 19-year-old son, Frank Junior, was kidnapped at gunpoint from a motel. The kidnappers were paid a $240,000 ransom, which City National Bank provided. Sinatra’s son was released after two days, the kidnappers were caught and the money was recovered, but the incident enhanced City National’s reputation as banker to the stars.
The bank was established 50 years ago in Beverly Hills, Los Angeles, specifically to serve the entertainment and real estate industries.
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