People Moves

City National Bank Grows Silicon Valley Presence

Eliane Chavagnon Editor - Family Wealth Report August 5, 2014

City National Bank Grows Silicon Valley Presence

City National Bank, the private and business bank, has expanded its Silicon Valley team, hiring two senior private bankers and a senior portfolio manager.

City National Bank, the private and business bank, has expanded its Silicon Valley, CA, team, hiring two senior private bankers and a senior portfolio manager.

Andre Luu has joined as a senior vice president to lead private banking colleagues in San Jose and Palo Alto, CA, while Edwin Aquino has joined in San Jose as senior vice president of private banking.

Additionally, the bank also brought in Scott Mlinarich in San Jose as a senior portfolio manager for City National Rochdale, the firm's wealth management affiliate.

Luu was latterly managing director within the private banking division at Union Bank, having previously been a senior private banker at Wells Fargo. He also has prior experience at global financial institutions in Singapore and Hong Kong, City National said.

Meanwhile, Aquino previously served high net worth clients at Union Bank and before that held leadership and relationship management roles at financial institutions including First Bank, East West Bank and Wells Fargo.

Mlinarich most recently worked at HighMark Capital Management as a senior portfolio manager in San Jose and prior to that spent 11 years at Wells Capital Management as a managing director in San Francisco, CA.

City National entered the San Francisco Bay Area in 2000 and now has 12 offices in the region. In Silicon Valley, the firm has three branches – two in San Jose, and another in downtown Palo Alto, which houses its technology and venture capital group.

Register for FamilyWealthReport today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes