City National Bank plans to acquire Rochdale Investment Management, sources say.City National Bank is buying its second company in three days, acquiring a New York investment firm in an expansion of the bank's growing wealth-management business.
By Walter Hamilton, Los Angeles Times, Los Angeles Times: Business
Wed, 04/25/2012 - 12:01am
City National Bank plans to acquire Rochdale Investment Management, sources say.City National Bank is buying its second company in three days, acquiring a New York investment firm in an expansion of the bank's growing wealth-management business.