Benjamin N. Maltz

Benjamin N. Maltz (1901-1993) was an American banker and philanthropist. He was the first Chairman of the City National Bank (NYSE: CYN).

Benjamin N. Maltz
Born1901
Chicago, Illinois, USA
Died1993
NationalityAmerican
OccupationBanker
Philanthropist
EmployerCity National Bank
ChildrenElaine (Maltz) Goldsmith
RelativesBram Goldsmith (son-in-law)
Russell Goldsmith (grandson)

Early life

Benjamin N. Maltz was born in 1901 in Chicago, Illinois.[1] He started his career as a whisky broker in Chicago.[1]

Banking career

In 1954, Maltz was hired as the first Chairman of the Board of City National Bank, a new bank founded by Alfred S. Hart based in Beverly Hills, California.[1][2][3] Over the years, the bank became known as the "bank of the stars," bankrolling many American movie stars.[3]

Philanthropy

The Maltz Park in Beverly Hills, California

Maltz made many charitable donations during his lifetime, believing that those who have been successful must give back to their community.[2] Nowadays, the Ben Maltz Gallery at the Otis College of Art and Design is named in his honour.[2] So is the Maltz Park, located on the corner of Sunset Boulevard and Whittier Drive in Beverly Hills, California.[4][5]

Personal life

His daughter, Elaine (Maltz) Goldsmith, married Bram Goldsmith, who became the Chairman of City National Bank.[1][2] Their son, Russell Goldsmith, serves as the current Chairman.[3]

Death

Maltz died in 1993.

References


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