Greg Carmichael

Money Moves

Part of leadership team installed to stabilize the bank

City National Bank told California regulators on November 3 it plans to cut 22 jobs across two Los Angeles sites, effective January 8, 2027. The notices are filings of intent under the federal WARN Act, which requires 60 days' warning of a mass layoff, not reports that the jobs have already ended.

Updated 5 days ago