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Royal Bank of Canada plans to buy City National in $5.4 billion deal

Royal Bank of Canada said on Thursday it will buy Los Angeles-based City National Corp for $5.4 billion in a deal that targets City’s stable of high-net worth clients. City National serves clients in several large metropolitan areas, including New York, Los Angeles, the San Francisco Bay Area and Orange County, Calif. It has several branch offices throughout the Las Vegas Valley.

Use this trick to reach your 2015 savings goals

What if you could work toward reaching multiple 2015 savings goals simultaneously? Instead of setting aside funds in a catch-all savings account, setting up a specific sub-savings account for each of your goals can help keep your various objectives in sight and on track.