News: City National Corp (CYN.N)

CYN.N on New York Stock Exchange

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Wed, Feb 5 2014

Fitch Affirms City National Corp's Ratings at 'A-/F1' Following Peer Review; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, February 05 (Fitch) Fitch Ratings affirms City National Bancorp (CYN) ratings at 'A-'/'F1'. The Rating Outlook remains Stable. The Stable Outlook incorporates assumptions that that asset quality will remain strong, earnings will face headwinds and capital levels will remain relatively stable. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS - IDRS, VRs, AND SENIOR DEBT CYN's

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