City National Corp. of Los Angeles had record third-quarter net income of $34.2 million, or 70 cents a share, up 22%.

The $8.8 billion-asset parent company of City National Bank said earnings for the nine months were $98.6 million, or $2.04, against $80.2 million, or $1.70 a share, in the first nine months of 1999.

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