City National Corp. of Los Angeles is expanding to Nashville, Tenn., to expand its entertainment division.
The $21.6 billion-asset company said Wednesday that it has hired Holly Bell, a former entertainment and private bank manager for Wells Fargo & Co., to serve as team manager of the Nashville office and senior vice president for entertainment.
City National has established a temporary office in Nashville and a permanent facility is slated to open this summer, the company said. The company plans to leverage the Nashville office to service all of the Southeast.
In addition to California and now Tennessee, City National has branches in Nevada and New York.