Are Citibank and City National Bank the same bank?
No, Citibank and City National Bank are entirely separate banks with distinct ownership structures and target client bases. While Citibank functions as a mass-market and global consumer banking titan under Citigroup, City National Bank focuses heavily on high-net-worth private banking, corporate business accounts, and professional services, operating under the ultimate parent ownership of the Royal Bank of Canada. They maintain completely separate routing numbers, deposit portfolios, executive leadership, and physical branch networks across different geographic regions.