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Hollywood Bankers? City National Shares Valued At $704 Million - Bloomberg

wealth-management business, forgoing a change-in-control payment worth about $24.8 million, according to the firms filings with the Securities and Exchange Commission. The total would include lump sum payments and the sped-up vesting of options and other restricted share units, according to Bloomberg calculations. David McKay, who took over as Royal Banks CEO in August, kim kardashian superstar featuring ray j said he knew of the golden parachute and was confident Goldsmith would remain. Russells agreed to stay on and to lead this, McKay, 51, said in a phone interview. Hes excited about staying, blog url hes excited about this new opportunity in front of him, and its great to bring in that type of talent into our organization. City National didnt make Goldsmith available for an interview, and declined to more information comment on the share valuations. Codename Laker Goldsmith and McKay met in 2013, and have been in talks the past year on a transaction Royal Bank codenamed Laker, referring to the National Basketball Association team in Los Angeles , McKay said.
Source: http://www.bloomberg.com/news/2015-01-23/hollywood-bankers-city-national-shares-valued-at-704-million.html

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