Bram Goldsmith, American banker, Died at 93

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Bram Goldsmith was born in 1923 and died in 2016.

He was an American real estate developer, banker and philanthropist.

Goldsmith served as the chief executive officer of City National Bank from 1975 to 1995, and as its chairman from 1975 to 2013.

Bram started out as the “banker to the stars”.

Bram was a major philanthropist in Beverly Hills, California.

His parents were Bertha and Max Goldsmith.

He served as the President and Chief Executive Officer of the Buckeye Realty and Management Corporation and the Buckeye Construction Company for twenty-five years.

Then, Bram was elected to the Board of Directors of City National Bank in 1964, when Alfred S. Hart was Chairman and Benjamin N. Maltz (1901-1993), President.

Goldsamith served as the Chief Executive Officer for twenty years, from 1975 to 1995, and as its Chairman from 1975 to 2013.

During his Career, the bank’s assets went from $600 million to $3.3 billion.

Bram Goldsmith served as the Chairman emeritus and Board until his death.

Back in 70s and 80s was been called the “banker to the stars,” as the bank’s clients include many celebrities like Robert Redford, Paul Newman and Cher.

During 1984, he was the highest paid banker in the United States with US$3.1 million, more than the salaries of the CEOs of Bank of America, Citibank and Chase Manhattan combined.

He also had served on the Board of Directors of the Los Angeles Branch of the Federal Reserve Bank of San Francisco from 1981 to 1987.

Bram also served on the Board of Directors of Wynn Resorts.

Goldsmith chaired the Los Angeles United Jewish Fund Campaign of 1965.

He served as President of the Jewish Federation Council of Greater Los Angeles in 1969 and 1970.

Goldsimth also served as national Chairman of the United Jewish Appeal from 1970 to 1974.

Also, he served as Los Angeles Chairman and national Board member of the National Conference of Christians and Jews

His wife were Elaine Maltz.

Bram Goldsmith passed away at 93 yrs old.