Hollywood’s Bank Eyes a Big Role on Broadway

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Al Pacino’s success in his latest Broadway role is also a coup for Russell Goldsmith, a banker whose main offices are more than 3,000 miles away.

Goldsmith is the chief executive officer of City National, a bank based in Los Angeles whose logo adorns the checks paid to actors and employees in the current production of The Merchant of Venice, which stars Pacino as Shylock.

The show is another in a long list of Broadway clients for Goldsmith, who opened a second office in New York in December in an effort to capture more of the city’s entertainment business. Founded in Beverly Hills in 1954, City National, often called the Bank to the Stars, counted Frank Sinatra and Marilyn Monroe among its clients. It now has $21.8 billion in assets, making it the 26th-largest commercial bank in the country.

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