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LOS ANGELES, Sept. 30, 2019 (GLOBE NEWSWIRE) -- City National Bank, America’s Premier Private and Business Bank®, today announced that Michael Speaker, an accomplished attorney with more than 15 years of experience, has joined the company as its executive vice president, general counsel and corporate secretary. Speaker has led teams of attorneys covering commercial lending and leasing, wealth and asset management, insurance, securities, and capital markets, among others.
Based in Los Angeles, Speaker oversees the Legal and Corporate Administrative Group, which consists of legal and corporate governance, community reinvestment and corporate security. He reports to City National’s Chief Executive Officer Kelly Coffey and David Onorato, Royal Bank of Canada’s general counsel, and serves on City National’s Executive Committee. Speaker succeeds Jared Wolff, who left the bank earlier this year.
“Michael has extensive experience supporting financial institutions, as well as thorough regulatory expertise,” said Coffey. “He will lead the exceptional legal and corporate administrative teams that contribute to City National’s growth and stability and help our clients succeed.”
Prior to joining City National, Speaker served as deputy general counsel at Fifth Third Bancorp in Cincinnati, Ohio. In this role, he was responsible for the legal teams that supported the bank’s business lines across commercial banking, private banking and credit. He also provided mergers and acquisitions advice, served as secretary and chief risk officer for five subsidiary boards of directors and managed nearly 200 outside counsel relationships.
Earlier in his career, he served as deputy chief counsel at the U.S. Department of the Treasury, where he was head of the corporate legal department for the Office of Financial Stability. He negotiated Troubled Asset Relief Program investments in banks and other financial institutions. Active in financial regulatory affairs, he also assisted in drafting sections of the Dodd–Frank Wall Street Reform and Consumer Protection Act. Speaker also prepared political appointees for congressional testimony. He began his career as an associate at McKee Nelson LLP and served as counsel for Ashurst LLP in Washington, D.C.
Speaker graduated from the University of Notre Dame with a major in government and the University of Virginia School of Law, where he earned his Juris Doctor.
For an image of Speaker, go to: https://www.cnb.com/content/dam/media_newsroom/images/Michael-Speaker.jpg
About City National Bank
With $56.2 billion in assets, City National Bank provides banking, investment and trust services through 70 offices, including 19 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis and Washington, D.C. In addition, the company and its investment affiliates manage or administer $78 billion in client investment assets.
City National is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies. RBC serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 34 other countries.
For more information about City National, visit the company’s website at cnb.com.
Debora Vrana, City National Bank, 213-673-7631