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(Bloomberg) City National Bank, the Los Angeles-based lender owned by Canada’s largest financial institution, has been hit with a $65 million civil penalty for failing to keep proper risk controls. Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneHouse Passes $78 Billion Business, Child Tax Break BillS&P 500 Has Its Worst Fed-Decision Day Since March: Markets WrapByron Allen

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