#United States #Los Angeles #commercial real estate #City National Bank #Jeffrey LaBauve

City National Bank Welcomes Jeffrey LaBauve

In a significant move aimed at bolstering its real estate banking services, City National Bank has appointed Jeffrey LaBauve as senior vice president and head of its Commercial Real Estate Banking division. This appointment, effective immediately, is expected to facilitate the bank's ongoing commitment to delivering tailored financial solutions while enhancing its relationships with clients in the commercial real estate sector.

Located in Los Angeles, LaBauve will be focusing on strategic growth initiatives that will not only deepen current client relationships but also help expand the bank's reach within the industry. His primary objective in this role will revolve around overseeing portfolio management, strengthening connections with key stakeholders including real estate investors and developers, and pursuing new business opportunities rooted in a solid understanding of market dynamics.

LaBauve's extensive experience in the financial services sector positions him uniquely for this role. Prior to joining City National Bank, LaBauve spent 19 years at Comerica Bank where he excelled in various leadership positions, most recently as senior vice president and group manager for Commercial Real Estate. In that capacity, he was responsible for spearheading commercial real estate strategies across Southern California, acquiring new relationships, and offering innovative financing solutions.

Joe Yurosek, the president of Commercial Banking at City National, expressed his confidence in LaBauve's leadership skills and the wealth of knowledge he brings to the bank. Yurosek stated, "Lindsay Dunn built a strong foundation for this business, and Jeff is the right person to take it forward. His nearly two decades of commercial banking experience equips him with a nuanced understanding of what investors and developers require from their banking partners." This strategic appointment comes at a time when the demand for comprehensive financial services in commercial real estate continues to grow, prompting City National Bank to reinforce its market position.

City National Bank, established in 1954, is recognized for its deep-rooted connection to the commercial real estate and entertainment sectors, catering to local entrepreneurs. Over the past 70 years, while the bank has diversified its services, its dedication to commercial real estate has remained steadfast. LaBauve, focusing on strengthening this business unit, will ensure that the bank continues to provide essential lending and treasury solutions across multifamily, industrial, office, retail, and residential development segments.

His vision also encompasses a commitment to fostering solid partnerships through adaptation and responsiveness to the evolving needs of clients. "Our clients rely on us to be a partner they can trust, especially in this dynamic landscape," LaBauve said. He sees a tremendous opportunity in enhancing what the team already offers — facilitating constructive financing for projects that significantly influence community development.

As City National Bank progresses under LaBauve's leadership, the establishment seeks to maintain its upward trajectory in delivering invaluable financial services tailored to the commercial real estate market. The bank's assets were recorded at an impressive $100 billion as of July 31, 2026, making it the largest bank headquartered in Los Angeles.

Being a subsidiary of Royal Bank of Canada, City National values personalized service while catering to the nuances of various market segments including wealth management, entertainment and sports banking, and consumer banking. As it moves forward, City National remains committed to fostering community growth through active involvement and support, evidenced by its notable charitable contributions of nearly $11 million in 2025.

In conclusion, the introduction of Jeffrey LaBauve as head of Commercial Real Estate Banking is not just a change in leadership; it reflects City National Bank's strategic plan to adapt and thrive in an expanding market, ensuring it meets the needs of clients and continues to support community development effectively.