City National Bank of Florida in Miami has created a national capital markets group.
The $26.1 billion-asset bank said in a press release that BciCapital will focus on serving middle-market sponsors across a variety of industries and segments. Its services will include loan syndications, capital placement and specialty capital.
BciCapital is led by Raul Llanes, a managing director at the bank.
“This new group is a springboard in completing capital markets transactions across the country and a natural next step for CNB as we expand our platform and enhance our offerings as a full-service bank,” Jorge Gonzalez, the bank’s vice chairman and CEO, said in the release.
“BciCapital will build on CNB’s 75-plus year tradition of providing exceptional service, forging personalized relationships and putting capital to work in a smart, strategic manner as we help our clients advance their goals,” Gonzalez added.