City National Bank names JPMorgan executive as CEO


City National Bank has named Kelly Coffey, the head of JPMorgan Chase & Co.’s U.S. private bank business, as its new CEO, effective Feb. 1.

Coffey succeeds Russell Goldsmith, who has been City National’s CEO and chairman for 23 years. He will continue as chairman at the Los Angeles-based bank, which has a significant Bay Area presence.

Coffey, who has been the chief executive of JPMorgan’s U.S. private bank business since 2015, has worked at JPMorgan (NYSE: JPM) and its predecessor, Morgan…

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